Monday, February 25, 2019

Stream, Stream Activity, Stream Element, Stream Purpose, Stream Type and Stream Type Subclass in OLFM

Stream:-

  • A Stream is a schedule of amounts and associated dates.
Stream Activity:-
  • Stream Activity describes the state of the Stream. 
  • A Stream can be 
  1. ACTIVE
  2. CURRENT
  3. HISTORY or
  4. WORKING
Stream Element:-
  • A single amount and its corresponding date i.e. a cash flow. 
  • A Stream element is the line level detail of a Stream. 
  • A Stream can have multiple Stream Elements.
Stream Purpose:-
  • A Stream purpose is an important attribute of a Stream Type that determines how the Lease Management processes the Stream.
  • Lease Management recognizes streams based on their stream purpose name.
Stream Type:-
  • The functional Name for a stream which relates to the attributes used to process  a Stream.
Stream Type Subclass:-
  • Stream Type Subclass are
  1. Rent or
  2. Residual.
 

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