You are on page 1of 4

FT.COMMISSION.

TYPE

This table defines the conditions relating to all types of Commission used for various transaction. Each
Commission Type can be defined as a Flat Amount or as one which varies according to the amount
transferred. In this latter case different Percentages can be defined for different Bands or Levels of
transfer amounts. Minimum and maximum Commissions can be specified for each Band or Level
together with overall minimum or maximum commission charges.

There will be a SET with some fields in this application. And this SET will be Multi value. Such as:

SET-1 = Calc Type1.1, Percentage1.1, up to amount1.1, Minimum Amount1.1, Maximum Amount1.1.

SET-2 = Calc Type1.2, Percentage1.2, up to amount1.2, Minimum Amount1.2, Maximum Amount1.2.

Details Field description is below:

Field Name Data Mandatory Validation Remarks Source


Type Table
ID Test Yes Basically type of charge
here is used as ID. This ID
is used in transaction.
Maximum 30 digit
GB Test Yes Maximum 50 Digit
Description
Short Name Test Yes Maximum 40 Digit
Category Numeric Yes Yes- Valid Category Defines the Profit and
Account Loss Category or internal
Accounts to which the
Commission should be
credited.
Txn Code CR Numeric Yes This Value comes Defines the Transaction
from Transaction code to be used on the
Table Code- 519 credit entry generated by
the application for this
Commission Type.
Txn Code DR Numeric Yes This Value comes Defines the (optional)
from Transaction transaction code to be
Table Code- 518 used on the debit entry
generated by the
application for this
Commission Type.
TAX Code Numeric Conditional- Yes- Tax Code must
If tax is levied be a valid code on
on the Tax table
commission
then tax code
has to be
defined here
Calculation Yes- Specifies Select from Radio
Basis whether the Button-
commission Value 1- Percentage
amount is to be Value 2- Rateperlot
calculated on a Value 3- Unit
percentage basis, Value 4- None
as a unit, or as a (Note- Basically Bank
rate per lot basis. used Value 1-Percentage
A unit charge can and Value- 4-None.
only be specified Other 2 value not in
when using LEVEL used)
or BAND calculation
types. The amount
entered in the
UNIT.CHARGE field
will applied for the
corresponding
amount in
accordance with
the BAND/LEVEL
calculation type.
Currency Yes Yes- Valid in
CURRENCY.PARAM
” Table
Flat Amount Numeric No Conditional- If the The User will input an
commission amount in this field
amount is fixed when the Commission is
then value- 4 fixed
should be given in
the "Calculation
Basis" field

Calculation Yes- if the Select from drop down-


Type 1.1 Calculation Type is Value 1- Band
either LEVEL or Value 2- Flat
BAND is set to Value 3- Level
PERCENTAGE Value 4- Lot
otherwise not BAND- If calculation type
allowed BAND is selected then
separate calculations are
to be made for each
band of the base
amount. Suppose base
amount is BDT50000 and
first band amount is
20000 which commission
will be calculated on
0.001 percent.
Commission amount
calculation formula-
(20000*0.001/100)=0.20
Amount above 20000
will be calculated on 0.01
percent.
Commission amount
calculation formula-
(30000*0.01/100)=3
So total commission on
BDT50000(20000+30000)
will be 3.20 (0.20+3)
LEVEL
If calculation type LEVEL
is selected then
commission will be
calculated on Up to
Amount1.1 Field amount
with defined percentage.
Suppose base amount is
up to BDT50000 and
commission will be
calculated on 0.001
percent then
Commission amount
calculation formula-
(50000*0.001/100)=0.50
FLAT- If the commission
amount is fixed then
value- 4 should be given
in the "Calculation Basis"
field

Percentage Numeric Yes Yes- if the Specifies the rate used to


1.1 Calculation Type is calculate the
either LEVEL or Commission for an entry
BAND is set to as a Percentage of its
PERCENTAGE value.
otherwise not
allowed
Unit Charge
1.1
Up to Numeric "Up to amount" here
Amount1.1 means range. If the
commission varies
according to the range,
then the range amount
will be mentioned here.
Minimum Numeric No Conditional Minimum amount will be
Amount 1.1 input here. If calculated
(Commission amount is less than
Amount) Minimum amount then
Minimum amount will be
applicable as
Commission Amount.
Otherwise calculated
amount will be applied
as Commission amount.
Maximum
Amount 1.1
(Commission
Amount)
Round Type
Link 1
Default
Currency
Charge
Routine
Applied
Charge
LC Amend
Sequence
Commission
(1st Quarter)
LC Amend
From
Commission
(2nd Quarter)
Curr No
Inputter
Date Time
Authoriser
Co Code
Department
Code

You might also like