Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

On this page, you can configure Seamless to distribute payment schedules from policy start (current default) or the end date so that the “odd one out” happens to be the first one

  • [ST] Seamless empowers users to specify the allocation of residual amounts, offering the choice to apply it to either the first or final installment (Put Residual On Last Payment Instead Of First). Additionally, it provides a variety of settings enabling users to determine the due dates for installments, such as selecting a Preferred collection day and the option to Collect on Preferred Day Before Instalment Period. For more detailed information, visit https://contemi.atlassian.net/wiki/x/J4DZbQ.

Image Modified

2. Calculate Date Backwards

...

For example, 15.01 - 14.02 will have 15th as the due date. However, if there is a preferred selection of 1, the due date will be the 1.02

...

...

Having bug

Jira Legacy
serverSystem Jira
serverId4b27ccc2-81b6-3194-8aa4-379401bb3b22
keySEAMLESS-47082

5. Collect on Preferred Day Before Instalment Period

...

  1. For instance, the invoice submission period in days = 3. When the first installment due date is 04/01/2023, then the installment will be frozen and exported at 01/01/2023 (Booking on)

Frozen installment = the system will freeze the installment and won’t let the installment be changed.

17. Subsequent Invoice Submission Period In Days

Configure the booking on date, as number of days before the next installment due date so the invoice (positive installment) will be frozen and exported.

  1. For instance, the Subsequence invoice submission period in days = 3. When the second installment due date is 04/01/2023, then the installment will be frozen and exported at 01/01/2023 (Booking on)

18. Credit Submission Period In Days

...

  1. For instance, the Credit submission period in days = 3. When the first installment due date is 04/01/2023, then the installment will be frozen and exported at 01/01/2023 (Booking on)

19. Subsequent Credit Submission Period In Days

...

  1. For instance, the Subsequence credit submission period in days = 3. When the second installment due date is 04/01/2023, then the installment will be frozen and exported at 01/01/2023 (Booking on)

20. Minimum Waiting Period Before Procession In Hours

TBD

21. Debit Maximum Instalment Amount To Merge

Merge the adjustment installment to the next installment when the installment amount is <= the configuration

Precondition

The purchased policy

Result

The configuration Debit Maximum Instalment Amount To Merge is 10

The policy is MTA, and the premium is increased 10 NOK

  1. The adjustment installment is merged with the upcoming installment

The policy is MTA, and the premium is increased 30 NOK

  1. The adjustment installment is NOT merged with the upcoming installment

22. Credit Maximum Instalment Amount To Merge

Merge the credit adjustment installment to the next installment when the installment amount is <= the configuration

Precondition

The purchased policy

Result

The configuration Credit Maximum Instalment Amount To Merge is 10

The policy is MTA, and the premium is decrease -10 NOK

  1. The adjustment installment is merged with the upcoming installment

The policy is MTA, and the premium is decreased -30 NOK

  1. The adjustment installment is NOT merged with the upcoming installment