Manage In-House Bank Conditions
Application component: In-House Bank
App type: Transactional
Line of business: Finance
Leading industry: Cross Industry
Solution capability: Payments and Bank Communications (S/4, Multi-Bank Connect)
Description:  With this app, you can manage financial conditions how the interests are calculated based on the account balance situation (either in credit, debit or overdraft). Conditions are defined together with validity (valid from and valid to) and applied to the certain point or period in time. A condition can be set at a single account level, a group of accounts level or at a bank area level. Within a condition, you can maintain interest configurations for multiple interest types, such as:  Credit interests Debit interest Overdraft interests, i.e. exceeding a defined limit  For condition groups and bank area conditions you can maintain account currency as an additional differentiation criteria. This provides you with better maintenance by reducing the number of required groups. 
Manage in-house bank financial conditions for internal house bank accounts
Key features:    Create financial conditions for a single account, a group of accounts or a bank area To create a condition, click Create and the Create Financial Condition popup appears. Fill the fields as follows and click Continue.  For a Single Account Level  Field Value to be Entered    Bank Area Select a value   Level Single   IHB Account Number Select a value   For a Group of Accounts Level  Field Value to be Entered    Bank Area Select a value   Level Group   Group ID Select a valueNote To create a new group, click Create Group.   For a Bank Area Level  Field Value to be Entered    Bank Area Select a value   Level Bank Area   In the Conditions section, click Create and maintain the relevant fields listed below in the Interest Calculation and Interest Basic Data sections: Interest Type (credit, debit or overdraft) Interest Calculation Method Interest Calculation Type (exponential, linear compound or linear) Valid From and Valid To dates Fixed Interest Rate % Reference Interest Rate Mark Up/Mark Down % Interest Lockout Period Interest Adjustment Period Interest Weight  Click Apply and the entry will be displayed under the Conditions section. If you are setting the condition for a group of accounts, enter the accounts to which the condition is applicable, together with the validity in the Accounts section. You can add more conditions by clicking Create. Click Create and the condition status will become In review. To activate the condition by triggering an approval process defined in the workflow, click Submit.   Edit financial conditions To modify existing condition settings, click Edit. The (data version) status will change to In Review (draft) version. After making changes, once you click Save and then Submit, the workflow is triggered and the condition will be submitted for an approval process. In this case, the condition status remains In review until the approval process is through and the status changes to Active. The changes are recorded in the Change History section.   Delete financial conditions To delete the existing condition settings, you can select the checkbox for one or more condition entries on the list page and click Delete. Delete option is also available on the details page.   In addition, the app supports the following technical features and options:   In case an in-house bank account has more than one condition at the multiple levels, the system applies the condition determination logic that the single level condition always has the highest priority, while the bank area level condition has the lowest priority.    Conditions defined at a group level or a bank area level are applied to all the accounts that belong to the group or the bank area.   Only one condition can be set for the same validity period (valid from and valid to dates).   Two data version statuses (Active version and In Review version) are supported for each condition (as data entry). Only the condition in Active version is considered by the system, while the In Review version is considered as "intermediary" (draft) status and does not influence the condition setting process. You can delete the In Review version by clicking Discard Draft.   Creation of financial conditions is supported by the workflow. For more information, see Manage In-House Bank Account Workflows. In addition to the data version statuses mentioned above, when the approval process workflow is defined, financial conditions are controlled with approval statuses (Active, In release and In review). For more information, see Status.   This app works in conjunction with the Manage In-House Bank Account Balances app as well as the Manage In-House Bank Payment Items app. The calculated interests are payment items that can be viewed as the payment items in the Manage In-House Bank Account Balances app or Manage In-House Bank Payment Items app.   
Business roles: Payment Specialist
Payment Specialist - In-House Banking : 
Carries out daily activities for the in-house banking accounts. Provides details about account lifecycle, balances, payments and statements. Allows to maintain, add and delete in-house bank accounts.