Define Liability Type

Explanation

This activity is used to define the basic data for liability.

Prerequisites

There are no prerequisites.

System Effects

There are no system effects.

Window

Loan and Contribution Parameters

Related Window Descriptions

Loan and Contribution Parameters

Procedure

  1. Open the  Loan and Contribution Parameters window.
  2. Go to the Liability Parameters tab and click the New button in order to define a new liability.
  3. In the Liability Type Id field, specify a unique id for the liability.
  4. Enter a name for the liability in the Liability Type Name field.
  5. In the Institution Id field, select an institution receiving the contribution.
  6. Select a wage code according to which the liability is calculated in the Wage Code Id field.
  7. Save all information by clicking the disc icon.