Trading Partner Rules

The Trading Partner Rule form displays when the New button in the Trading Partners Rules listview page is clicked or when the user chooses to view or edit an existing rule. This form is comprised of 6 (six) sections. In the second section, Invoice Groups Available for Purchase can also be displayed. This will be renamed if the bank is using receivables purchases, and will modify other sections of the page as well.

The fields and buttons in each section are described below:

1. Alias

· Primary Trading Partner Name and address: The name and address of the trading partner. Required fields are Primary Trading Partner Name, Address Line 1, City and Country.

· Alias– These fields are used to identify the Trading Partner when uploading the invoice files. By default, four alias fields are displayed.

· Add 4 More button: Click this button to add four additional Alias fields. (Note: Up to 15 aliases can be entered)

· ISO20022 Trading Partner Name: Optional Field. Invoices with ISO payment instructions will be modified to send the seller/beneficiary name from the new 'ISO20022 trading Partner Name.'

2.Trading Partner IDs

· Primary Trading Partner ID: This a required field. (Note: If the trading partner has a vendor id, the user may enter this.)

· Trading Partner ID – These fields are used to identify the Trading Partner when uploading invoice files. By default, four trading partner ID fields are displayed.

· Add 4 More: Click this button to add four additional Alias fields. (Note: Up to 15 Trading Partner Ids can be entered)

3.Invoices

· Allows the user to define the Default Instrument Type for Invoice upload processing for Trading Partners. This is an optional field.

· Allows the user to determine invoice upload rules when uploading invoices and one or more individual invoices fails. Click Upload and group all successful invoices or Fail all invoices in the Invoice Upload Rules area.

· The user must select the group of invoices or a subset of the invoices within a group and then press the 'request purchases' button in order to place requests for these invoices. This option will be available if the bank is using receivables purchases.

4.Receivables Management

· This section contain the Default Tolerances and Partial Payment information

5.Authorisations

· This section allows the user to set Trading Partner Authorisations for Receivables, Credit Notes & Selective Receivable Finance (SRF) Invoices invoices being authorised and sent to the TPS. These settings are optional; however, if one of the checkboxes are checked, then at least one of the radio buttons for that section must be selected.

· If no options are selected, the system automatically reverts to the Corporate Customer level Instrument Authorisation settings.

Note: These Authorisations take priority over those at the Corporate Customer profile level if the radio button option “Use Corporate Customer Profile settings “ is not selected. When the system validates authorisations for uploaded invoices, it will look at the customer level authorisation settings if this radio button is selected or no radio buttons in this section are selected.

6.Bank Defined

· This section is visible only to users with the appropriate security rights.

· Invoice Upload Rules:

o Allow Use of Payment Date or Use Invoice Due Date Only (radio button): This rule determines whether this customer is allowed to use a Payment Date instead of the Invoice Due Date with this Trading Partner for the calculation of Interest or Discount for Receivables Invoice Financing.

o Receivables Invoice financing offered up to [ number] days before payment or invoice due date: This rule determines the number of days variance allowed for the Payment Date before or after the Invoice Due Date for Receivables Invoice financing. These fields are required if "Allow Use of Payment Date" is selected. There is no restriction on the number of days to be entered.

o Payment Date can be [number] days before or [number] days after the invoice due date: This rule determines the minimum number of days before the Invoice Due Date or Payment Date (depending upon whichever is present) that the bank is willing to offer Receivables Invoice financing. If Payment Date is present, it will be used instead of the Invoice Due Date. There is no restriction on the number of days to be entered.

o A maximum number of [number] Tenor days is allowed: This rule determines the maximum number of tenor days that the bank is willing to define for Buyer for Loan Request having loan type as Invoice financing Receivables. This is an optional field. The number of days to be entered must be between 1-999.

o % of Invoice Value To Finance: This rule determines the percentage of the invoice value the bank is willing to finance for the Trading Partners for receivables invoices. The value entered must be less than 100%.

o % Invoice Value to Finance / 100% of the Finance Amount can be financed for a Modified Receivables Customer: This rule determines the percentage of the invoice value the bank is willing to finance for the Trading Partners for Modified receivables invoices. By Defalut it will preload 100%.This Field will require when ASP level setting"Enable enhanced Receivables Invoice processing requiring a specific Funding Date for invoice upload and processing" is Yes ,and Client bank Level under Customer Profile "Modified Receivables Utilized" Is yes for modified receivable finance.

o A maximum number of Tenor Days is allowed: This rule determines the maximum number of tenor days allowed to finance the Modified receivables invoice. This is an optional field, the value in this field must be greater than 0 if provided and the maximum value that can be specified is 999. The invoice Tenor (Payment Date or Due Date minus Issue Date) should be less than the number of days specified in this field in order to pass the finance eligibility. Payment Date has precedence over Due Date if present. Option field.

o Number of Grace Days allowed: This rule determines the bank to establish the number of Grace Days that will be allowed to ultimately calculate the RF Maturity Date in the TPS for the Trading Pair, and additionally may be included in the Discount/Interest calculation.

o Minimum Invoice Amounts to Finance: This rule determines the minimum amount that the bank will finance on an invoice for the trading pair. If the invoice amount is less than the specified currency/amount combination, the invoice upload will fail, and the invoice will be rejected. Option field.

· Selective Receivable Financing Invoices:

o Can the Invoices for the Debtor be uploaded with no start date (radio button): This setting determines if an SRF invoice can be uploaded with or without Start (Issue) Date.

o Grace Days will be used for the invoice Maturity Date calculation - This setting defines the number of Grace Days that will be added to the Due Date of an SRF invoice to calculated the Maturity Date for the invoice.

o Maturity Date Calculation Basis (Dropdown): This dropdown determines the calculation formula used to calculate the “Maturity Date” for each SRF invoice. The resulting maturity date will then be used for the discount calculation.

o The Purchase period is Days - This setting determines the maximum purchase period for an invoice in days.

o A Maximum Number of Tenor days is allowed - This setting determines the Maximum number of allowed tenor days for financing an SRF invoice.

o % Invoice Value to finance - This setting determines the percentage of the invoice value that will be financed for an SRF invoice for this seller/debtor combination.

· Trading Partner Margin Rules:

o Define the rules to define the point spread added to the funding rate for financed transactions that default for the customer based on the currency, instrument type and threshold. These rules are the margin rules for the trading partner. Columns to define for each rule include currency, instrument type, threshold amount, rate type and margin. The Margin is required if any other field is entered.

o By default, four rows are displayed. Use the Add 4 More button to add four additional rows at a time.

· Flooring:

o Selecting this checkbox indicates that users of this customer allows any discount/interest estimations using those rates should have the following logic.

o If sum of Rate and LCP values is negative, adjust Rate such that Rate + LCP = 0

Page Buttons and Links:

Buttons / Hyperlinks	Description
	Displays the help topic for the Trading Partner Rules Form (in the appropriate language).
Return	Selecting this hyperlink takes the user to the previous page without saving the data.
1. Alias	Selecting this hyperlink takes the control to the Aliases section of the page.
2. Trading Partner IDs	Selecting this hyperlink takes the control to the Trading Partner IDs section of the page
3. Invoices	Selecting this hyperlink takes the control to the Invoices section of the page
4. Receivables Management	Selecting this hyperlink takes the control to the Receivables Mgmt section of the page.
5. Authorisations	Selecting this hyperlink takes the control to the Authorisations section of the page
6.Bank Defined	Selecting this hyperlink takes the control to the Bank defined section of the page. Only visible to Admin users accessing Customer Data.
Expand All / Collapse All	Expands all sections and changes to read ‘Collapse All’. When Collapse All selected, collapses all the sections and changes to read ‘Expand All’.
Hide Tips / Show Tips	Hides all the displayed tips.
Back to Top	Takes the control to the top of the page.
Save	Saves the Rule in the database, but the page will not be closed. The saved time will be updated on the page.
Save and Close	Saves the Rule in the database and Closes the page. User is taken back to the previous page.
Close	Closes the page without saving any data and returns the user to the originating page.
Delete	Deletes the Rule from the database.
	Clicking this Image Link in a section will collapse or expand that section, depending on whether the section is expanded or collapsed respectively.

Trading Partner Rules

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