Automatic Distribution of Standing Orders (tfcmg1112m000)
Use this session to automatically distribute the total standing order amount on the basis of the type, length and the number of periods.
The payment dates entered in the First Payment Date field in the Standing Orders (tfcmg1510m000) session appears by default.
Field Information
- Period Type
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Select the period type for generating the payment schedule.
- Length of Period
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Enter the number of days, weeks, or months of the period.
- Number of Periods
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Enter the number of periods over which the order amount must be distributed.
- First Planned Payment Date
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Enter the due date of the first installment. The payments are created from this date onwards.
Default value
LN displays the current date, by default.
- Amount per Installment
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Enter the amount to be paid for each period.
When the payments are distributed, the amount entered in this field is the installment for each period.
Note: If you do not enter an amount in this field, the total amount entered in the Standing Orders (tfcmg1510m000) session is distributed evenly over the various periods. - Posting Data Schedule
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Enter the payment schedule for multiple payment standing orders.
Payment schedules are defined in the Transaction Templates (tfgld0512m000) session.