The following table summarizes the data entry and edit requirements for each field on the Payment Plan Information Entry/Update screen.
Field Name |
Required? |
Size/Format |
Edits Performed (or Recommendations) |
Installments |
|
|
|
Method |
Required |
Select value from drop-down list |
A value must be entered. |
Frequency |
Required |
Select value from drop-down list |
A value must be entered. |
Amount |
Required |
7 decimal characters |
Format is "nnnn.nn" . A value must be entered. |
Interest |
|
|
|
Method |
Required |
Select value from drop-down list |
A value must be entered. |
Frequency |
Required |
Select value from drop-down list |
If the Interest Method is "No Interest", the selected value must be blank. If the Interest Method is not "No Interest", a non-blank value must be selected. |
Amount |
Optional/Required |
7 decimal characters |
Format is "nnnn.nn" . A value must be entered if the Interest Method is "Flat Dollar Amount". A value should not be provided if the Interest Method is not "Flat Dollar Amount". |
Percentage |
Optional/Required |
5 decimal characters |
Format is "nn.nn" . A value must be provided if the Interest Method is "Percentage". A value should not be provided if the Interest Method is not "Percentage". |
Late Charges |
|
|
|
Method |
Required |
Select value from drop-down list |
A value must be entered. |
Frequency |
Optional/Required |
Select value from drop-down list |
If the Late Charge Method is "No Late Charges", the selected value must be blank. If the Late Charge Method is not "No Late Charges", a non-blank value must be selected. |
Amount |
Optional/Required |
7 decimal characters |
Format is "nnnn.nn" . A value must be entered if the Late Charge Method is "Flat Dollar Amount". A value should not be provided if the Late Charge Method is not "Flat Dollar Amount". |
Percentage |
Optional/Required |
5 decimal characters |
Format is "nn.nn" . A value must be provided if the Late Charge Method is "Percentage". A value should not be provided if the Late Charge Method is not "Percentage". |
Delay |
Optional |
3 numeric characters. |
If the Late Charge Method is "No Late Charges", the value must be blank. If entered the value must have a format of "nnn" . |
Collection Costs |
|
|
|
Method |
Required |
Select value from drop-down list |
A value must be entered. |
Amount |
Optional/Required |
7 decimal characters |
Format is "nnnn.nn" . A value must be entered if the Collection Costs Method is "Flat Dollar Amount". A value should not be provided if the Collection Costs Method is not "Flat Dollar Amount". |
Percentage |
Optional/Required |
5 decimal characters |
Format is "nn.nn" . A value must be provided if the Collection Costs Method is "Percentage". A value should not be provided if the Collections Cost Method is not "Percentage". |