Debt Group

The Debt Group (DEBTGRP) page allows you to establish Debt Groups that can be assigned to debt authorizations and debt instruments when classification is needed for reporting or workflow. Use of the Debt Group rollup is optional and can be used to represent any grouping or additional information necessary when valid values have to be chosen instead of free-form information.

Each Debt Group record must be assigned to one of the three values in the Major Type of Debt field. This assignment allows transactions in Debt Management to present (and edit) only Debt Group values that match the Major Type of Debt of the transaction.

Field Name	Field Description
Major Type of Debt	A required choice to associate a debt group with one of the three choices: Loan, Lease, or Bond.
Debt Group	A required unique identification of a debt group.
Name	A required text field for assigning a name to a debt group code for identification and reporting purposes.
Short Name	A required short text field for assigning short name to a debt group code for identification and reporting purposes.
Description	An optional long text field for defining additional information about a debt group for identification and reporting purposes.