[SE-1869] Allow to automatically generate OCC/ORP bookings when there are 1 IAB to 1 OCC
Product Line:	P&C
Component/s:	Accounting General
Fix Version/s:	SICS 4.9.5

Aim of function

If proportional Treaty OCC only protect one Assumed Business, client wants to simplify their process: if booked on Assumed Business or  Outward Cedent's Contract (OCC) , automatically generate As booking/As account on OCC and ORP, not need run retrocession calculation order and retrocession account order manually. So we implement new logic: add indicator "Automatic Booking on OCC ORP" on OCC being proportional treaty business. If this parameter is selected on OCC, when booking on IAB or OCC, SICS will automatically trigger retrocession calculation order and retrocession account order.

Criteria for automatically generated retrocession calculation orders are:

• Get Accounting period from booking details
• Extract Booking period from base company default setting
• Order Status is Final
• Reserves/Portfolios is ticked
• Deposit is ticked
• Tick "Close Worksheet"
• Exchange Rate is "Most Recent Daily"

Criteria for automatically generated retrocession account orders are:

• Get Accounting period from booking details
• Order Status is "Document Produced"

All the calculations like Deduction, reserve , Deposit, Profit commission and etc. will be per existing functionality for retrocession calculation order and retrocession account order. When the booking on IAB not in correct sequence, deposit and reserve calculation will follow existing functionality. Entry code transformation term and currency transformation term will follow existing functionality of retrocession calculation order and retrocession account order. 

 

System Parameters Affected

None

Existing functionality affected

• Close the worksheet
• Business Ledger
• Retrocession Calculation Order
• Retrocession Account Order