Payment Plan Data Entry Guidelines

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".