Manage Combined Statements
This DNAapp links or delinks accounts for combined statements based on the tax owner, account roles, account titles and mailing address.
This application links or delinks accounts for combined statements based on the tax owner, account roles, account titles and mailing address.
The financial institution must define products and accounts that should not be automatically linked or delinked using variables or the "Exclude Appl" screen in product maintenance or account maintenance.
If a product's variables are changed and delinking is enabled, accounts in the modified products are delinked and relinked based on the new settings.
If a product or account is excluded using the "Exclude Appl" screen, it is no longer linked or delinked by this application, regardless of calculation variable settings.
Accounts are eligible to be linked when both accounts have the same persons and organizations associated with them, based on the tax owner and the Financial Institution specified account roles. The roles must match on both accounts.
The application has an option to require that account titles match as well.
The application checks for matching address use codes and only links the accounts if both accounts are using the same address.
Cycles are not modified by this application.
This application evaluates the statement delivery method of paper versus e-statement to have better control of when to link accounts together when the method would change from paper to electronic or vice versa
Benefits
This application automates the process of linking or delinking accounts for combined statements based on the tax owner, account roles, account titles and mailing address.
The financial institution can include or exclude specific products or accounts and assign priorities to primary statement enabled products to ensure the correct primary statement account is always made the primary statement account in a combined statement.
Optionally, the application can accept an input file with member numbers to limit the process to accounts owned by those members. Using this process, the cycle code of the primary statement account can be updated as well. It also evaluates the account's statement delivery method when linking and delinking accounts.
App Information
- Version
- 2.0.0.2 - Published January 2023
Support
Request SupportSpecs
DNAapp Type: Batch Application
Developed with DNAcreator™
Technical Name - PS_COMBSTMT
DNAX File Name: PS_COMBSTMT.dnax
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