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Help Maintaining Product Codes
Transaction DBIPRD
The following transactions can be started from here by clicking the icons in the list below for:
printing Product Code(s).
creating Product Code List
showing Version Log of the modifications to the Product Code(s).
For Product Codes, three new fields have been introduced in the 'Completion' panel across the business sectors 'Import L/C', 'Export L/C', 'Transfer L/C' ,'Guarantee', 'Advance', 'Loan', 'Import Collection' & 'Export Collection'.
- Product Code (codetable PRDOCD)
- Product Subtype (codetable PRDSUB)
- Product Variant (codetable PRDVAR)
Each of them have their own codetable and the codes can be maintained by the system administrator. Further information is available in Maintain Codetables. In the application, sample set of Product Codes are provided. The bank can update/change the Product Codes based on their own requirements in the project.
Although the Product Codes are generally defined in the code table, the product type and its parameters need to be specifically defined per business sector. Which is achieved using this static data transaction and the combination is stored in the PRD - Product Codes table. Example: The Product code can be classified as sight or usance in case of a 'L/C' but for 'Guarantees' it is based on 'Undertaking type'.
Each Product Code combination must be unique, there cannot be more than one record with same combinations.
When a contract is created, the application will auto populate the Product Code, Subtype and Variant based on the data filled by the user for which there is already a definition stored in the static data system.
General Information about product codes can be found under preceding link.
Transaction Panels
Product Code
Datafields
| Datafield | Description |
|---|---|
| Product Code | It is a set of codes defined by the bank to associate it with the type of product. Once defined, this is auto populated in the business transaction based on the defined logic. The bank can then use the Product codes for their own purpose like updating references based on the codes etc. E.g. A Product code for Import Letters of Credit can be based on field 'Available by' that distinguishes if it is a Sight or Usance L/C . |
| Product Subtype | It is a sub level of classification for the Product Codes defined already. Once defined, this is auto populated in the business transaction based on the defined logic. E.g. A Product Subtype for Import Letters of Credit can be based on field 'Confirmation Instructions'. |
| Product Variant | It is a variant for the Product codes and sub type defined already. Once defined, this is auto populated in the business transaction based on the defined logic. E.g. A Product Variant for Import Letters of Credit can be based on field 'Domestic' . |
| Available by | cf Appendix A, Table PRD field AVBBY |
