Activating or inactivating PTT

This page allows you to activate or inactivate the PTT reference. Tell me more.

Select the “Activate/Inactivate PTT” link at the bottom of the “Select PTT” page.

The “Activate/Inactivate PTT” page appears.

The system displays the following:

Status	The status of the PTT account. It could be "Fresh", “Active” or “Inactive”.
PTT Reference	The number identifying the PTT reference.
PTT Name	The name of the PTT.

The system displays the following fields in the group box:

Address	The complete mail address of the PTT.
	Zoom facility available.
City	The city in which the PTT is located.
State	The state in which the PTT is located.
Zip	The postal code of the city.
Country	The country in which the PTT is located.
Phone No.	The phone number of the bank along with the country code and area code.
Fax	The fax number of the PTT.
Telex	The telex number of the PTT.
E-Mail	The electronic mail address of the PTT.
	Zoom facility available.
Mailstop	The mailstop number of the PTT.
PTT Clearing No.	A number allotted to a PTT by the central PTT of the country This number is used while carrying out inter PTT transactions at the clearing center.
Swift No.	A number, used for transacting with international PTTs. This number will be necessary for file transfer of payments and receipts.
PTT Type	Indicates the type of PTT.

The system displays the following in the “PTT Account Information” group box:

PTT Account No.	The number identifying the PTT account.
Credit Limit	The maximum amount that the company can use for transactions from a PTT account.
Drawable Limit	The amount till which the company can draw funds from the PTT.
Currency	The transaction currency of the PTT account.

Enter the following field to retrieve the PTT code of the PTT account:

Effective Date From

The date from which the PTT account number or PTT code is active or inactive (Date Format).

The system displays the following in the “PTT Book Details” multiline:

PTT Code	The PTT code.
Description	The description of the PTT code.
Finance Book	The code identifying the finance book to which the PTT is mapped.
Posting Account Code	The code identifying the posting account in which the PTT details have been posted.
PTT Account No.	The number identifying the PTT account.
Account Balance	The debit balance available in the PTT account.
Dr/Cr	Indicates whether the account is a debit or a credit account.
Credit Limit	The amount till which the company can use for the transactions in that account.
Drawable Limit	The amount till which the company can draw funds from the PTT.
Interest Rate For Dr Balance	The interest rate on the debit balance held by the company in its PTT account (Decimal). Interest rate is charged if the debit amount exceeds the credit limit. The rate entered in this field must not exceed “100”.
Interest Rate For Cr Balance	The interest rate on the credit balance held by the company in its PTT account (Decimal). Interest rate is charged if the credit amount exceeds the credit limit. The rate entered in this field must not exceed “100”.
Effective Date For Interest Rate	The date from which the interest rate for debit and the credit balance is effective (Date Format).
Status	The status of the PTT account. It could be "Fresh", “Active” or “Inactive”.

Check the box in the “Select” column of the multiline to mark the PTT code that must be activated or inactivated.

Note: You can activate a PTT code that is in the “Inactive” status.

Click the “Activate PTT Code” pushbutton to activate the PTT code.

The system updates the status of the PTT code to “Active”. The system also updates the login ID of the user and the system date in the “Last Modified By” and the “Last Modified Date” fields.

Click the “Inactivate PTT Code” pushbutton to inactivate the PTT code.

Note: You can inactivate a PTT code that has a zero account balance.

The system updates the status of the PTT code “Inactive”. The system also updates the login ID of the user and the system date in the “Last Modified By” and the “Last Modified Date” fields.

Click the “Activate PTT” pushbutton to activate the PTT account.

The system updates the status of the PTT account to “Active”. The system also updates the login ID of the user and the system date in the “Last Modified By” and the “Last Modified Date” fields.

Click the “Inactive PTT” pushbutton to inactivate the PTT account.

The system updates the status of the PTT account to “Inactive”. The system also updates the login ID of the user and the system date in the “Last Modified By” and the “Last Modified Date” fields.

The system displays the following fields:

Created By	The login ID of the user who created the PTT.
Created Date	The date on which the PTT was created.
Last Modified By	The login ID of the user who last modified the PTT.
Last Modified Date	The date on which the PTT was last modified.

To proceed, carry out the following:

Select the “Attach Notes” link at the bottom of the page to attach notes.

Activating or inactivating PTT – An overview

This page allows you to activate / inactivate a PTT code. You can activate a PTT code that is in the “Inactive” status. The system updates the status of the PTT code as “Active”. You can inactivate a PTT code that is in the “Active” status if the PTT code has a zero balance. The system updates the status of the PTT code as “Inactive”. The system also stores the login ID of the user and the system date along with the PTT details.

This page also allows you to activate / inactivate a PTT account number. You can activate a PTT account number that is in the “Inactive” status. The system updates the status of the PTT account number as “Active”. You can inactivate a PTT account number that is in the “Active” status if the PTT codes that have been mapped to it have been inactivated. The system updates the status of the PTT account number as “Inactive”. The system also stores the login ID of the user and the system date along with the PTT details.