Loan creation with credit vetting process

Hello,
we need loan creation with credit vetting process and including amortization process. We have found this document. Doc ID 1599398.1
But we couldn't founded credit vetting process while creation of loan.
If possible please share document for loan credit vetting process including with credit management module.
Thank @ Best Regards,
Jabeen.

Hi Vijay
credit memo request is a sales document used in complaints processing to request credit for a customer.
EXAMP--->
If the price calculated for the customer was too high (for example, with the wrong scaled prices or because a discount was forgotten), you can create a credit memo request. The credit memo request can be automatically blocked for checking. Once it has been approved, you can remove the block.
The system uses the credit memo request to create a credit memo.
the credit memo request(CR) Iis created ith referance to invoice based on configuration settings in vov8 and credit memo(g2)created refarance to credit memo request
refer to the links below.. might be of some use to ..
Credit Memo
http://help.sap.com/erp2005_ehp_02/helpdata/en/a8/b99890452b11d189430000e829fbbd/frameset.htm
Creating Credit Memo / Debit Memo
http://help.sap.com/erp2005_ehp_02/helpdata/en/dd/561076545a11d1a7020000e829fd11/frameset.htm
Creating Credit Memo / Debit Memo Requests
http://help.sap.com/erp2005_ehp_02/helpdata/en/dd/55fed1545a11d1a7020000e829fd11/frameset.htm
Credit & Debit Memos
http://help.sap.com/erp2005_ehp_02/helpdata/en/a2/40418a496e11d3b3850008c719be0f/frameset.htm
Processing Credit Memo : Example
http://help.sap.com/erp2005_ehp_02/helpdata/en/4e/b3c399a1f711d194e700a0c9306794/frameset.htm
Regards,
Ramana

Similar Messages

Php credit card processing

My merchant account company is raising my rates and making me buy new software. I am looking for a different solution and anyone familiar with credit card processing may be able to give me some good advice.
Up until now, I used software that I installed on my computer that would enable me to process transactions over the Internet. My question is: When someone gives me a credit card number, can I process credit cards using a secure page coded with php? I have a dedicated IP, I can get an SSL certificate, and I can sign up with a credit card gateway like Authorize.net. Why would I need a merchant account (who will charge me a percentage of everything I make)?
There are a number of good php credit card processing scripts available. Can I bypass the merchant account company using a php page that will process my credit cards?

Hi John
The php code and the process are tightly related when it comes to processing your own credit card transactions and then passing them on for payment authorisation.
All the items must be done on secure server section of site, and will depend on if you wish to create a user account or not, this is for the non-user account
Customer fills in Their details on order form, (Name address, credit card info, etc.)
Details stored in temp database for such transactions via a php back-end script, using encryption for credit card details.
Customer is then shown a confirm page, with the details of the order, only the last four digits of the credit card number are shown.
If the user clicks 'place order' another back-end php script transfers the details to a permanent database and send the details for transaction conformation to your credit card authorization gateway.
Payment status sent to another back-end processing script for completion of transaction, this is often done via ipn or similar system.
Confirm payment and details are displayed to the customer, along with your transaction number, (this one may be omitted) and customer order no.
That's basically the procedure, the scripts can be on the same page using functions, or separate scripts if using procedural code. There are obviously many variations on this procedure but this one is probably the most common.
The use of 'secure pay' adds another two steps to this procedure in that the customer is sent to their card providers site for a second step to the authentication. There they must give a user name and password, (previously agreed and confirmed, if not it gets more complicated) in order to confirm that they are the card holder, before the actual card transaction can continue. To give you some idea of the complexity of the 'secure pay' set-up, the general extra cost can range anywhere between $1000 and $3000, (depending if done within web site development budget, or as an extra) converting from U/K £ to $.
BTW, The secure pay is normally used by bank card processing, these used to be know as 'Merchant Accounts', but paypal and others started using this term for their accounts which complicated the issue, the bank processing is what I am referring to with this term, and the fact that visa and mastercard use a different processing procedure is why I say, 'avoid'.
(Sorry if this explanation is a little long, but once you go outside the standard card processing, it does get more complex).
I came across a web site (hotscripts.com) and found some PHP scripts
that
process credit cards.
Unless you are happy adding extra security checks to the code to validate your site is the one using it, try to avoid any scripts that are 'in the public domain'. This is not said with any prejudice or doubt regarding the code, more that once you process your own credit cards you become completely responsible, (legally) for any fraud or misuse that results from your scripts/site.
One other item is that I would recommend using PHP:PDO with MySQL transactions and bound-parameters/stored procedures for this, mainly because they adds extra levels of security and redundancy to the procedure, which is not possible using the standard php/mysql code.
Hope this clears a few details up.
Paula Z

Credit Check with Third Party Process

Hi Gurz,
I know about third party process but my problem is with credit check of the customers.
If customer has not got enough credit limit to process the order in normal senario credit controller has to manually release the order as system blocks it. In third party process system will give you warning message when saving sales order about customer credit limit but allows you to save sales order. Once saving sales order it authomatically creates Purchase Requisition. From PR purchasing creates P.O. with out knowing about customer credit limit issue. and so on. In other words goods supplied to customer even though credit limit has exceeded. This user don't know untill raising the invoice to the customer which is too late.
Can we stop creating Purchase requisition or block purchase requistion for credit check ? or there are better way of handling the process for credit check?
Thanks in advance

Hi,
Try to implement OSS note -738171 - Delivery block does not influence purchase requisition.
Following is the details of the note;
Summary
Symptom
The delivery block in a sales order does not prevent the generattion of the purchase requisition in a third-party or individual purchase order item. Regardless of the Customizing settings in the delivery block, the system confirms the TAB or TAS item and generates the purchase requisition.
More Terms
Order, purchase requisition, PReq, TAB, individual purchase order, individual purchase order item, TAS, third-party, third-party item, SD order, delivery block, VBAK-LIFSK, VBEP-LIFSP
Cause and Prerequisites
Solution
Create a user-specific user requirement (for example, 902: BEDINGUNG_PRUEFEN_902 in Include LV07A902) as a copy of standard user requirement 102 and assign it to requirement 'Preq' by using Transaction OVB5.
In the source code of the user-requirement, program a check for the delivery block which, if necessary, triggers an ERROR_EXCEPTION which prevents the generation of the purchase requisition.
You can use the existing check for the credit block as a template.
Regards,

Block cash sales with credit limit blocking from creation of outbound

Hello everyone,
Can you please teach me how to block cash sales with credit limit blocking from creation of outbound delivery? Currently, outbound delivery can not be created only for charge sales with credit limit block. Problem is, we can not confirm the cash sales. We have to delete first the outbound then unblock the S.O. before creating a new Outbound.
Thanks in advance.
Ridgy

Cash sale transaction will not have credit limit block, as the transaction is based on receipt of immediate payment. But if you still want to try the same, configure a 'Z' transaction Type for cash sale (Copy of Cash Sale - Sales Order Type) and maintain Credit check field as 'D' and try the scenario.
Ideally there should not be a Credir Check foe a Cash Sale Scenario.
Regards,
Rajesh Banka

Process flow of loan taken with Partial Disbursement

Hi,
Any one tell me about Business Process of Loan taken with partial disbursement
Commitment capital: 100000
firstly partial disbursement : 25000 without incidental cost
second disbursement: 75000
after that I manage all the disbursement in one contract (To manage interest payable, repayment)
Thanks and best regards
Ms.Minh

Please clarify what exactly would you like to know.
after partial/full disbursment loan is being serviced through it's ordinary life cycle.
In general you have to:
- post interest and charges on the monthly/quarterly basis (subject to your particular loan conditions),
- post interest accrual/deferral (if applicable),
- process loan repayment,
- after loan is fully repaid - close the contract.

Credit card processing with J2EE possible.....

Hello,can anybody help regrading credit card processing ..........
how can i approach with J2EE.......
any help appreciated.....
thanks in advance.......
khan

GoOgLe

Has anyone integrated with PaymentTech for credit-card processing?

My client would like to capture credit-card payments using PaymentTech payment processor. We are using Oracles Apps 11i. I am aware that AR is integrated with iPayment for credit-card processing. However iPayment uses Cybercash as the payment system and it does not currently support voiceauth (i.e. ability to capture/settle payments based on an authorization not obtained via iPayment).
Has any one done any custom development to integrate directly to PaymentTech (or to a
3rd party application which integrates with PaymentTech)? I would appreciate if you can provide any directions.
Thanks.
- Tushar Khinvasara
Oracle Consulting, iServices Southwest
P.S.: If possible, please also cc your response to my internet email addr [email protected] which i can more easily access from the client site.

Authorize.net is a supported payment gateway, take a look here - Supported payment gateway providers and here - Authorize.net for the steps to configure it.
Thanks,
Mihai

Withholding Tax in FB75 Recording - Creation of Credit Memo

Hi Xperts,
Here I have one problem while Creating Credit Memo using BDC.
        - I am trying to write a BDC for transaction FB75 ( Creation of Credit Memo)
        - All things are going fine except Withholding Tax part.
        - Transaction FB75 have a Tab "Withholding Tax".
        - Here, there is a Table control with 6 rows.
        - While creating Credit Memo it populate this table control with Withholding taxes.
        - The main task is,<b>Based on certain condition, I want to clear few Withholding tax values.</b>
        - If This table control has only 6 rows populated, then there is no orblem.
        - But in case of more then 6 withholding tax values i need to scroll down and process, however, that again we can do using p++ or P+ things.
        - Problem is, in this case we are not able to scroll down or page down which create a problem in accessing other rows.
        - What would b the solution......?
          Lets have brain Game for all ABAP Consultants................
Thanks in Advance,
Chetan Joshi.

Hi Vijay
credit memo request is a sales document used in complaints processing to request credit for a customer.
EXAMP--->
If the price calculated for the customer was too high (for example, with the wrong scaled prices or because a discount was forgotten), you can create a credit memo request. The credit memo request can be automatically blocked for checking. Once it has been approved, you can remove the block.
The system uses the credit memo request to create a credit memo.
the credit memo request(CR) Iis created ith referance to invoice based on configuration settings in vov8 and credit memo(g2)created refarance to credit memo request
refer to the links below.. might be of some use to ..
Credit Memo
http://help.sap.com/erp2005_ehp_02/helpdata/en/a8/b99890452b11d189430000e829fbbd/frameset.htm
Creating Credit Memo / Debit Memo
http://help.sap.com/erp2005_ehp_02/helpdata/en/dd/561076545a11d1a7020000e829fd11/frameset.htm
Creating Credit Memo / Debit Memo Requests
http://help.sap.com/erp2005_ehp_02/helpdata/en/dd/55fed1545a11d1a7020000e829fd11/frameset.htm
Credit & Debit Memos
http://help.sap.com/erp2005_ehp_02/helpdata/en/a2/40418a496e11d3b3850008c719be0f/frameset.htm
Processing Credit Memo : Example
http://help.sap.com/erp2005_ehp_02/helpdata/en/4e/b3c399a1f711d194e700a0c9306794/frameset.htm
Regards,
Ramana

Document still appears on Billing Due List after creation of Credit Memo

Hello everyone!
I would like to seek your help in knowing the reason why documents in the Billing Due List dated on or before June 30, 2008 with billing type ZRJF would require three creations of Credit Memo before the delivery returns status will change from "being processed" to "completed." Please note that there was a configuration made on June 31, 2008 in the copy control of ZREF to ZRBO wherein the pos./neg. quantity of item cat ZRBO was changed from to (+).
Moreover, what should I do with the documents in VF04 dated on or before June 30, 2008 that still appears after one creation of credit memo?
Thanks in advance. Have a great day to all!

Hi Ravi,
Thanks for your prompt response. I checked the delivery return status and it is still "being processed" eventhough I have already created a credit memo for all the returned goods.
I actually observe this in my documents dated on or before June 31, 2008. At that time, the copy control pos./neg. quantity was set to negative (-). Is this the reason why documents still appear in the billing due list? If so, what should I with these documents so it will no longer appear in the Billing Due List?
Thank you very much!

Creation of credit memo

Hi
I started creating a credit memo request. I filled all the item data. But the processing status is displayed as 'incorrect'. When i leave the tab ' reason for rejection' blank , i get the processing status as 'processed'. I dont understand the relation.
When i try creating a memo(with request whose status is 'processed'), I am getting the status of memo also as 'incorrect'. I find the error message" order type ' credit memo request' cannot be used to create billing type 'credit memo'".
I am not able to find a solution to overcome this and complete the creation of Credit memo.
Pl suggest

Hi,
Kindly confirm weather it is Reason for rejection or Order reason which you are talking about.
By the way to crate the memo both the order reason and the reason for rejection should be blank.
Now check which docu type u r selecting for the credit memo request and credit memo.
Pls Reward if helpful
With Regards,
Ranjith

How should the new note & mortgage servicer report the loan on the credit report ?

History... Default on a modification to original note and mortgage with same lender/service provider that was made (the modification) after Chapter 7 bankruptcy discharge and never reaffirmed, no further monetary liability to signer on the note. After the modification default the loan is transferred to a new loan servicer. The trade lines continue to report CH7 status from the original loan service provider, closed account, 0 balance, etc. from the original servicer of the loan, nothing from the new servicer. A second modification is attempted via the new loan servicer and denied, After the modification denial, co-signer files CH 7. The signer on the note and mortgage quitclaims the property to co-signer. Then the foreclosure process starts with the new loan servicer and the new loan servicer places a new trade line on the signer's credit report showing foreclosure status, account open, late, account balance shown, etc. During the foreclosure process with the new loan servicer the co-signer files a CH 13, which is approved by the courts and the case is now closed. Regarding the signer of the note and mortgage, (not the co-signer), I thought the new loan servicer would have to report the loan on the credit report just as the prior original servicer did, CH7 status, closed account, 0 balance, etc. I’m trying to make sense of how this is supposed to be reporting from the new loan servicer for the signer of the note and mortgage who quitclaimed the property. Thanks

Localization does not change any of the data or text objects that you created on the report. It will change special fields and tooltips that are a part of the viewer. I believe it might also change the formatting of dates and numbers. Anything more than that is translation not localization.

Issue with Payables Accounting Process

I have an issue right now with Payables Accounting Process. Is says:
Oracle Payables: Version : 11.5.0 - Development
Copyright (c) 1979, 1999, Oracle Corporation. All rights reserved.
APACCENG module: Payables Accounting Process
Current system time is 25-AUG-2009 13:23:41
+-----------------------------
| Starting concurrent program execution...
+-----------------------------
Arguments
P_START_DATE='2009/08/02 00:00:00'
P_END_DATE='2009/08/23 00:00:00'
P_JOURNAL_CATEGORY='All'
P_SUB_TRANSF_TO_GL='N'
P_SUB_JOURNAL_IMP='N'
P_VALIDATE_ACCTS='Y'
P_SUMMARIZE_FLAG='N'
P_COMMIT_CYCLE='50'
P_ORG_ID='81'
P_DEBUG_SWITCH='N'
P_TRACE_SWITCH='N'
P_RUN_ACCT_REPORT='N'
APPLLCSP Environment Variable set to :
Current NLS_LANG Environment Variable is :
American_America.UTF8
MSG-00002: Check that AX is not installed before calling the accounting engine
MSG-00003: AX is not installed, Calling the accounting engine
MSG-00004: After the call to AP_Accounting_Engine_Pkg.Do_Accounting
MSG-00005: Error occured in the accounting process
MSG-00006: Error Message: ORA-20100: File o0002869.tmp creation for FND_FILE failed.
You will find more information on the cause of the error in request log. occurred in
&CALLING_SEQUENCE
with parameters (&PARAMETERS)
while performing the following operation:
&DEBUG_INFO
REP-1419: 'beforereport': PL/SQL program aborted.
Report Builder: Release 6.0.8.20.2 - Production on Tue Aug 25 13:23:41 2009
(c) Copyright 1999 Oracle Corporation. All rights reserved.
Enter Username:
Program exited with status 1
Concurrent Manager encountered an error while running Oracle*Report for your concurrent request 820318.
Review your concurrent request log and/or report output file for more detailed information.
Executing request completion options...
Output is not being printed because:
The print option has been disabled for this report.
Finished executing request completion options.
Concurrent request completed
Current system time is 25-AUG-2009 13:23:43
I had a similar issue writing to the UTL_FILE_DIR with the AR Interface and was able to resolve that by checking the read/write permissions on the UTL_FILE_DIR sat in the init.ora. However, the strange thing here is I still get the same error for Payables Accounting Process.
Any insights would be greatly appreciated.
Thanks,
Don

This issue has been resolved. But the solution for me was totally unrelated to the error message that came up with this issue.
We had rollback issues in average and layer cost worker under Bills of Material. And after applying patch 3325415, this issue was also resolved.
This issue has been answered but if anyone has any ideas on how this issue got resolved by patch 3325415, i'd like to understand.
Thanks,
Don

Error message display for PO creation with reference to internal orders

Sir,
While creating PO with Tcode ME21N (item category I) with reference to ' Internal Order with Funds provided (Tcode KO12), system displaying error message when Budget is exceeded.
But when Funds provision is not mentioned (Funds value is initial in KO12) , error message is not being given by the system during Po creation with ME21N.
Where should I configure in img(Tcode SPRO) , so that system will throw error mesage while creating PO without Budget Provision (Funds not mentioned ) in Internal Orders.
Regards,
Srinivasa Murthy

Hi Anupam,
The error message display as follows. (when the PO Price exceeds the Planned Funds kept for internal order)
This error comes during PO creation Process and PO can not be saved. This error message display is correct.
Item 001 Order 600643 budget exceeded
Message no. BP604
Diagnosis
In document item 001 Order 600643, budget for fiscal year 2009 was exceeded by 99,960,000.00 INR.
But my question is 'when funds have not at all been mentioned for the internal order' then system has to throw the same error as mentioned above. But it is not happening. System is allowing the PO to save which is not correct.
Regards,
Srinivasa Murthy

Duplicating de confirmation for Clients with credit problems

Hi,
We are using GATP to confirmed the sales orders quantities. In the check instructions,
we are using check availability and then RBA (product substitution)
When I create a sales order for a client with credit problems the confirmed quantity
is being duplicated after releasing the order.
The steps I am following are next:
1.        VA01: create sales order (i.e: order product D 10 PC, I got 10 PC of product E confirmed because of the RBA)
2.        VKM3: Release the order
3.        VA03: display the sales order
(it duplicates the lines with confirmed quantity - i.e: I got line 10: product D 0 PC confirmed; line 11: product E 10 PC confirmed; line 12: product E 10 PC confirmed, so line 12 is repeating line 11)
We have explore any issues related to the availability check, but it seems to be a problem with the configuration of the credit processing.
Have you ever had this issue? Any recommendation to solve it?
Thanks a lot in advance.

777,
Are you using product allocation?
In what case you see duplicate confirmation? in case of partial delivered order? if so check OSS note 1442425.
Regards,
Harshil Desai

"Credit Card Processing Is Temporarily Unavailable. Please Try Again Later".

Hi guys.
I have been browsing for hours no with no avail to this problem I have been having.
I am trying to create a new account to use with the iTunes store - an account in my country, rather than using my US account to buy stuff from there.
My country (Bolivia) is new to the iTunes store, and as soon as I heard the store became available yesterday, I have been trying to register a new account. But everytime I get to the payment page and submit the info, I get the error "Credit Card Processing Is Temporarily Unavailable. Please Try Again Later".
Again, I have googled for this for hours with no avails. Common possible solutions were:
A lot of people mistyped the security code. But I have checked mine a thousand times, I'm completely certain I am getting it right, but I keep getting that message.
Some people mistyped the actual CC number. Another piece of info I retyped a couple of times so I'm sure I'm getting it right.
What are the chances the system is actually unavailable? A lot of people solved this problem and the issue wasn't related to a system being down at all. Could it be the fact my country is new to the iTunes store?
It's been like 6 hours since I tried to make the new account. That doesn't fit my definition of "Temporarily". I guess I will wait a day or two and see what happens, but in the meantime I would like to hear possible problems and/or solutions.
Oh, I almost forgot. If it matters, I am using an iTunes Beta on my MacBook Pro.

Leonnears
I have the same problem, but being as you have had your account for 5 days by the time of this writing, I had mine for about a year. Recently, the security code showed up blank for the credit card I was using, and even when I used the correct security code, iTunes figured that it wasn't valid.
Thankfully, (go shopsafe!) it was easy to get another credit card for a dollar or two (I just want to update my free software for free...), yet this didn't work, for it again said that the security code was invalid.
Then, after a few tries, it said "Credit card processing is temporarily unavailable. Please try again later."
Judging by other Apple forums, when this sort of thing happens, it's a problem on Apple's side, rather than my computer.
I came to this conclusion when I came to a forum that had a bunch of different people complaining that they can't buy music on iTunes. However, that forum was dated in 2008.
If someone finds contradictory information, feel free to reply to my post and tell me how I, too, could fix this.
And in case it matters, I am using a MacBook Air with OS X 10.6.8 and have iTunes 10.4.

Loan creation with credit vetting process

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