Blocking Transactions
Blocking transactions are control mechanisms that automate financial risk management and operational discipline. Thanks to the defined block groups, it prevents stakeholders (customers, dealers, suppliers) with financial or operational risks from imposing more risks on the system, and operates corporate rules without leaving them to the initiative of the personnel. First, groups are defined, process arrangements are made and added to the main display file, and then blocking operations are entered. After all these arrangements, risk management is ensured by stopping the creation of an erroneous order or an unauthorized offer at the very beginning.
Path: ERP > Finance Accounting > Risk and Collateral > Blocking Procedures
Block Tracking List
In order to use block tracking operations, relevant arrangements must first be made on the system. "Block Groups" are defined in the parameters. Block groups include options such as not receiving premiums, not registering, not placing orders or bids. Block groups are created with various options that are seen as risks.
After the block groups are created, the clients that will be valid are recorded on the Blocking Transactions page.
- Process: The confirmation process of the blocking operation is selected. Blocking must be done after approval.
- Blocking Reason:The blocking reason of the blocked account is selected. This field comes from block groups. The selection here affects the operation of the system, so it must be chosen correctly.
- Current Account:The current account for which the blocking operation will be carried out is selected.
- Transaction Performer and Block Date:The personnel performing the blocking operation is selected and the date range for the blocking operation is determined.
- Explanation:Detailed information and notes on the reason for the blocking operation. is entered in this field.
Note: "Member Information" is available in the upper right menu on the update page. It directs you to the contact search page, where Corporate/Individual Account listings can be made.
After these definitions are made, "Corporate or Individual Member Blocking" in the standard must be added to the main display file area of the relevant processes in order for them to work on the Order and Offer page.
For example, if an order is added after all these operations, it will give the following warning and the order will not be saved.
Feedback
Companies determine risk management strategies in case they cannot collect the price of the sale or service on time or at all. With the blocking process, the customer is prevented from performing any operations on the system.
Improvements made to the blocking transactions and block groups page
Improvements
- Main display file file was created for processes related to sales order, sales delivery note, sales invoice and sales quote screens
- A checkbox named "Cannot submit an offer" was added to the block groups page. The sales offer entry of the corporate member blocked by the selected parameter definition of this checkbox was blocked.
Error Fixes
- The connections of other checkboxes on the block groups page to the blocking transactions page and problems in the blocking mechanism were corrected.
- Some dictionary errors on the block groups page were corrected.