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Amortization in the security deposit

Former Member

‎04-24-2013 12:17 PM

0 Kudos

Hi ,

Bussiness requirment : To handle the  Amortization in the  security deposit ( FPSEC1 RM-CA Telecom project).

For Ex  :

  • Collecting  10,000 amount for two years  from a customer as security deposit for using a product( DTH Installation at customer house).
    after completion of two years instead of refunding the amount to the  customer the  business requirment is to  amortize the 10,000  full amount .
  • Less  than 1  year :  If the customer wants  to dissconect  the DTH services & want security deposit refund .
    Bussiness requirment is to amortize the 50% of the  security deposit amount .

Can you please  suggest me  the approach / Fqevents to handle the security deposit in  RM-CA .

I tried  using the event FKK_SAMPLE_0870  additinal checks before releasing the amount  but this event is  not triggering from FPSEC1

Regards
Rahul

1 REPLY 1

william_eastman
Advisor
Advisor

‎04-24-2013 3:41 PM

0 Kudos

Rahul:

I dont think that you will be able to meet this thru events, especially the amortization piece.  It sounds more like a custom program to handle the release - then to clear the released amount with a new document which meets your needs.

regards,

bill.