This transaction is used for modifying the maturity of the documents, i.e. invoice(s) in a Receivable Finance contract.
Example: If the buyer is in need to extend the maturity of the contract, this transaction enables the user to extend the due date of the required invoice(s). In the “Finance Base Documents” panel mark the row of the document to be changed and click on the “ Modify” button. This provides a pop up screen, the respective due date of the document can be modified.
Modification is allowed only for the invoices/documents whose status are not yet “Closed”. Once full payment is made for a document, it's status is updated as “Closed” and, therefore, the modification button will be disabled for that document. Other statuses where modification will be allowed are “Financed” and “Partially paid”.
In case of an extension of a document, latest due date of the contract will be mentioned in the field “New Due Date” on the panel “Amend”. The text field “Amendments” on the “Amend” panel provides a short information of the changes done to the Finance Base Documents. This field is automatically defaulted with all amendments. Adding text manually to this field is not possible. In addition, the text field “Information to financed party” can be used to send any additional information to the Supplier.
An existing Receivable Finance contract which is open and not closed.
For incoming allNETT / RIVO messages see Overview of Incoming messages - allNETT / RIVO.
None
None
For more information see TRNDIA Diaries.
Action | Description | Diary | Follow-up Transaction | Comment |
---|---|---|---|---|
Replace | Payment Reminder | Payment Reminder for <Type of Advance> | Common Messages | <x> Days based on the number of days registered in the “Payment Reminder Notice” field in transaction Maintain Pairing Buyer/Supplier. |
Replace | Repayment of <Document Type> | On New due date | Repayment |
The maturity date will be updated accordingly.
Details on creation of messages can be found under DOCEOT Messages. For outgoing allNETT / RIVO messages see Overview of Outgoing messages - allNETT / RIVO.
Name of Message | Receiver | Message ID | Type | Comment |
---|---|---|---|---|
Amend Notice | Supplier | RFTSUP1 | E-mail / Letter | When message is sent via email, a csv file is created and sent as Email attachment (for Email only). |
Amend Notice | Buyer | RFTBUY1 | E-mail / Letter | When message is sent via email, a csv file is created and sent as Email attachment (for Email only). |
Amend
Overview
Finance Base Documents
Interest Details
Liability
Settlement Details
Settlement
Bookings
Cash Cover
Completion
Incoming Tag 72/79
Messages
Compliance
Attachments
DTAEA Fields
DTALC Fields
DTAG Fields
Fee Conditions
Datafield | Description |
---|---|
Our Reference | cf Appendix A, Table RFD field OWNREF |
External Key | cf Appendix A, Table USR field EXTKEY |
Type of Finance | cf Appendix A, Table RFD field FINTYP |
Recourse | cf Appendix A, Table RFD field FINRECFLG |
Currency | cf Appendix A, Table CBB field CUR |
Maximum Amount | cf Appendix A, Table CBB field AMT |
Currency | cf Appendix A, Table CBB field CUR |
Amount | cf Appendix A, Table CBB field AMT |
ESD Amount Currency | cf Appendix A, Table RFD field ESDAMTCUR |
Early Settlement Discount Amount | cf Appendix A, Table RFD field ESDAMT |
Early Settlement Discount Percent | cf Appendix A, Table RFD field ESDPRC |
Maximum Finance % | cf Appendix A, Table RFD field BILMAXPRC |
Opening Date | cf Appendix A, Table RFD field OPNDAT |
Offer Valid Until Date | cf Appendix A, Table RFD field OFFDAT |
Intended Finance Date | cf Appendix A, Table RFD field TARFINDAT |
Maturity Date | cf Appendix A, Table RFD field MATDAT |
External Key | cf Appendix A, Table PTS field EXTKEY |
Address Block | cf Appendix A, Table PTS field ADRBLK |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
External Key | cf Appendix A, Table PTS field EXTKEY |
Address Block | cf Appendix A, Table PTS field ADRBLK |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
External Key | cf Appendix A, Table PTS field EXTKEY |
Name | cf Appendix A, Table PTS field NAM |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
Datafield | Description |
---|---|
External Supplier Account | cf Appendix A, Table RFD field XSAEXTKEY |
Name | cf Appendix A, Table ACT field NAM |
Datafield | Description |
---|---|
Name | cf Appendix A, Table PTS field NAM |
Name | cf Appendix A, Table PTS field NAM |
Add Payment on Account | “Payment on Account” (PoA) is a type of FBD document that is added to the pool, when there is any remaning amount left after paying all invoices from the money sent by the buyer. This is only possible from the Repayment transaction. |
Add Select | On clicking this button, a search window opens where a list of all available Finance base documents from the pool are listed. The user can select the relevant documents from here and add them to the grid and do further processing. |
Datafield | Description |
---|---|
Roll-Over Financing | cf Appendix A, Table RFD field ROLOVRFLG |
Rate Definition | cf Appendix A, Table RFD field INTIRT |
Cash Base | cf Appendix A, Table RFD field CSHRAT |
Liquidity Costs | cf Appendix A, Table RFD field LQDRAT |
Financing Flat Fee | cf Appendix A, Table RFD field OWNRATFLG |
Our Share of Interest | cf Appendix A, Table RFD field OWNRAT |
Document Currency | cf Appendix A, Table RFD field OWNCUR |
Financing Flat Fee Amount | cf Appendix A, Table RFD field OWNAMT |
Interest Start Date | cf Appendix A, Table RFD field BEGINTDAT |
Interest Due Date | cf Appendix A, Table RFD field ENDINTDAT |
Grace Days | cf Appendix A, Table RFD field GRADAY |
Charges Condition | cf Appendix A, Table RFD field CHATO |