Run the Rip and Replacement process
Run the scheduled Rip and Replacement process after replacement transactions are collected.
After successfully collecting the replacement transaction, execute the scheduled process:
Rip and Replacement Process
This process identifies the relationship between the ripped and replacement transactions and performs the rollover calculations.
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Reports / Schedule Job
Rip and Replacement Process
Parameters
No parameters required
Processing performed
The process performs the following actions:
Identifies the ripped transaction(s)
Determines the released contractual revenue
Calculates the required Variable Consideration adjustments
Rolls forward contractual balances to the replacement transaction