Payment Scheduling and Interest Control

The Payment Scheduling and Interest Control (PSIC) table allow users to establish interest eligibility and disbursement scheduling controls for Payment Request at the Fund, Fund Group, Transaction Code, and Payment Type level used for interest calculations during the Automated Interest Calculation batch process to generate Interest Payment Request (IPR) transactions.

For any combination of the Fund, Fund Group, Transaction Code, and Payment Type fields, at least one must contain a value other than a wild card value of ALL (or D for Default on Payment Type field).