A collection of options and parameters which control the processing of the system, defined and maintained online, CMS consists of 25 control records.
▲Provide logical groupings based on Hierarchy of Business Controls
▲Primary Records
System levels control Processing Dates, system holidays and Interfaces.
Org level controls area of business, billing dates, ACH information, activity recap controls etc. Logo Level controls Account Processing Options like Payment options, account type etc.
▲Secondary records
Control the processing parameters like Interest rates, Insurance and account records
CMS has 22 secondary records which can be established as options under a controlling System, Organization or Logo record.
Example: Interest, Insurance, Fees, Account Parameter.
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