Budget Types

Budgets Overview

I have generated the following slide in an attempt to ease some of the confusion around what each of the various budget subsystems does in CC&B. It should be noted that in the past we have 'enhanced' the Direct Debit extract to ensure that the balance left on the account at due date is not collected from customers bank accounts when they have specific types of NBB plans in force, this allows us to configure both Balance-on-due-date and Bill-smoothing type structures within the NBB subsystem.

As can be seen from this table, there is no single plan type which will cater for all permutations of a clients payment offerings, and as a result most implementations make use of a combination of these components to deliver the required functionality.

(edit: minor update to reflect the fact that Payment Plan entries are not deleted once they are processed, where-as NBB entries are).
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About

Stuart Ramage

I am a Consulting Technical Manager for Oracle Corporation, and a member of the OU Black Belt Team, based in Hobart Tasmania.
I have worked in the Utility arena since 1999 on the Oracle UGBU product line, in a variety of roles including Conversion, Technical and Functional Architect.

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