Modifying PTT

Modifying PTT details

This page allows you to modify the details of the selected PTT. You can modify details like the communication details of the PTT and the PTT clearing number. You can also modify the account information like the credit limit and the drawable limit of the PTT account number.

This page also allows you to modify the description of the PTT codes. You can also modify the credit limits, drawable limits and the interest rates of the PTT codes. The system stores the login ID of the user and the system date along with the modified PTT details.

Select the “Edit PTT” link at the bottom of the “Select PTT” page.

The “Edit PTT” page appears.

The system displays the following:

Status	The status of the PTT. It must be "Active".
	Active – indicates a PTT that is in effective use.

Note: Only the PTTs, which are “Active” status, can be modified.

PTT Reference

The number identifying the PTT reference.

Modify the following field if required:

PTT Name

The name of the PTT (Alphanumeric, 100). Mandatory.

Modify the following fields in the group box if required:

Address

The complete mail address of the PTT (Alphanumeric, 40). Mandatory.

Note: Atleast one row must be filled in. You can provide the mail address in all the empty rows provided.

City	The city in which the PTT is located (Alphanumeric, 40).
State	The state in which the PTT is located (Alphanumeric, 40).
Zip	The postal code of the city (Alphanumeric, 20).
Country	Use the drop-down list box to specify the country in which the PTT is located. All the countries that have been defined in the “Organization Setup” business component will be available for selection in the ascending order.

The system displays the first country from the list by default.

Phone No.	The phone number of the bank along with the country code and area code (Alphanumeric, 20).
Fax	The fax number of the PTT (Alphanumeric, 20).
Telex	The telex number of the PTT (Alphanumeric, 20).
E-Mail	The electronic mail address of the PTT (Alphanumeric, 60).
Mailstop	The mailstop number of the PTT (Alphanumeric, 60).
PTT Clearing No.	A unique number allotted to a PTT by the central PTT of the country for carrying out inter-PTT transactions at the clearing center. (Alphanumeric, 32).
Swift No.	A unique number, used for transacting with international PTTs (Alphanumeric, 20). This number will be necessary for file transfer of payments and receipts. The swift number must be unique across the login organization unit.
PTT Type	Use the drop-down list box to select the type of PTT. All the PTT types that have been defined in the “Quick Code Definition” business component will be available for selection.

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

PTT Account No.

The number identifying the PTT account.

Modify the following fields if required:

Credit Limit	The maximum amount that the company can use for transactions from a PTT account (Decimal). The value entered in this field must be greater than zero.
Drawable Limit	The amount till which the company can draw funds from the PTT (Decimal). The value entered in this field must be greater than zero.

Note: The limit entered in this field must not be more than the credit limit for the account number.

Currency

Use the drop-down list box to select the transaction currency of the PTT. All the currency codes that have been defined in the “Organization Setup” business component and that have been set as permitted currencies for the company will be available selection in the alphabetical order.

Note: If the base currency of the company is DM and the currency assigned to the bank account is also INR then you can post transactions in any currency including the DM. If the base currency of the company is DM and the currency assigned to the bank account is USD then you can post transactions only in USD.

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

PTT Code

The PTT code.

Modify the following fields if required in the “PTT Details” multiline:

Description

The description of the PTT code (Alphanumeric, 40). Mandatory.

The system displays the following:

Map to Finance Book

The code identifying the finance book to which the PTT is mapped.

Note: The PTT code and finance book mapping must be unique.

The currency or finance book cannot be modified if there are any transactions for the selected bank code or finance book.

Modify the following fields if required:

Credit Limit	The maximum amount till which the company can use for transactions from a PTT code (Decimal). This credit must not exceed the credit limit set for the corresponding PTT account number.
Drawable Limit	The amount till which the company can draw funds from the PTT code (Decimal). The value entered in this field must be greater than zero.

Note: The sum total of the drawable limits of all the PTT codes defined for a PTT account number must not exceed the drawable limit set for the PTT account number. The drawable limit must not exceed the credit limit of the PTT code.

Over Draft Amount	The amount overdrawn from the PTT account number (Decimal). This amount must not exceed the credit limit set for the PTT account.
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”.
Interest Rate for Overdraft Balance	The interest rate charged on the overdraft amount (Decimal). The value 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).

Check the box in the “Select” column of the multiline to mark PTT codes for deletion.
Click the “Edit PTT” pushbutton to save the modifications made.

The system saves the modifications made to the PTT details.

The system displays the following fields:

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

To proceed, carry out the following

Select the “Edit File Transfer Details” link at the bottom of the page to modify the file transfer details.
Select the “Edit Additional Details” link at the bottom of the page to modify the PTT contact details.
Select the “Attach Notes” link at the bottom of the page to attach notes.