Account Maturities |
  
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Navigation: Deposit Screens > Definitions Screen Group > Event Setup Screen >
Account Maturities |
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This event will run based on three different run options, with up to two different monthly run days. An anticipated balance and next maturity date are calculated and available for use with this event. For interest destinations 1 and 2, the anticipated balance will be the current balance. For interest destination 0, the anticipated balance will be the interest for the coming term added to the current balance.
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Note: Once you download the Account Maturities letters from GOLD EventLetters, the merge fields applicable to that letter can be inserted using Microsoft® Word. The <<TERM_TYPE>> merge field will be plural unless the <<TERM>> merge field is equal to "1" (for example, 1 month, 1 year; 3 months, 3 years). We suggest that you make sure your Maturity Event Letters are grammatically correct with this in mind. For example, if you enter "your <<TERM>> <<TERM_TYPE>> certificate" and the certificate term is for three months, the letter would print "your 3 months certificate." Instead, you can write “your certificate matures in <<TERM>> <<TERM TYPE>>," and the letter will print "your certificate matures in 3 months” when the fields are merged with actual data. |
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See Tying Data Source Files in the GOLD EventLetters User's Guide for detailed instructions on how to merge fields into a Microsoft Word document.
Event Number: 4010, 4110 (No Mail - See the main Event Setup Screen help for more information on the No Mail Option.)
Event Letter: Four-digit Product Code, or if the Sort By Office field (see below) is checked, the letter number will be the account's office number.
See the following options involving this event:
If this box is checked, the letter number will be the account's office number, and the letters will be sorted by that number. If it isn't checked, letters will use the Product Code as the letter number. |
This option will create event 1040 (Maturity Notices) with letter #001 for all accounts. |
Run option 1 runs monthly. If you want all certificates with a maturity date in the next month to generate an event record, select “1-Monthly” from the Run Option drop-down list. The event will process each month on the day entered in this field.
Run option 2 allows you to generate up to two different monthly run days. To use two run days, select "2-Two Different Run Days” from the drop-down list. For accounts maturing on days 1 through 15 of the next month, type any number between 1 and 15 in the first box for this field. For accounts maturing on days 16-31 of the current month, type any day between 1-15 in the second box for this field. For accounts maturing on days 16-31 of the following month, type any day between 16 and 31 in the second box for this field.
Run option 3 runs weekly. Select “3-Weekly” from the drop-down list to use this option. It adds 28 days to the run date and generates records for accounts maturing between that day and the same day the following week. Type a number indicating the day of the week in this field:
2 - Monday 3 - Tuesday 4 - Wednesday 5 - Thursday 6 - Friday 7 - Saturday |
