Administrator Guide > Rules Management > Rules Management - Available Templates > Vocabulary Template Examples > Add an Asset Deposit Funding Record to a Loan |
Using the Add an Asset Deposit Funding Record to a Loan action template, rule authors are able to create asset deposit loan allocations that include an allocation amount as well as destination asset.
To begin authoring this type of rule, navigate to System Management > Origination > Rules Management and click to open Rules Manager. Create a new rule using the Event Processing category.
Within the If Statement, define the conditions which must be met in order for an asset funding record to be added. For example:
When authoring the Then Statement, select the "add an Asset Deposit Record to a Loan" action template. Upon selecting this template, the following vocabulary populates:
Add an Asset Deposit record to a Loan for <enter deposit amount> where Deposit Account is <enter deposit account>
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Using business language, author rule logic that ensures asset deposits are handled universally among all applicants. |
The example below provide a demonstration of a rule that distributes the Final Loan Amount to the applicant's savings account.
After the rule is created it is assigned to an event by the Execute Rules action type within Event Processing.