Every transaction relies heavily on the Commission.

The commission will be paid to the banks in exchange for the services they supplied on each transaction.

During a contract's life cycle, these commissions are calculated and settled for a specific period. The actual payment of commissions for each contract is agreed upon between the parties.

For example, the Participation commission is levied when a transaction's risk is shared. Any commission that needs to be calculated is paid out either at the end of the term or in advance. The calculation period is the time required to finish the calculation at a specific rate for a specific period (half year, Month, quarter(s), p.a., half year(calendar), Month(calendar), Quarter(calendar)...). The payment due date (quarterly, semi-annually, annually, until expiration, and up to the amount) falls within the settlement term.

Based on the actual calculation settings, the system will give a detailed picture of the recent and upcoming calculations. Current settlement information and the deadline for the subsequent settlement are included here.

The Info button displays the specifics of the commission calculation.

The Details button will show you the exact details of the computation (current/future calculations) across time.

PATCOM: Manual Commissioning for Participation

The Participation Commissioning transaction (PATCOM) is used to settle any outstanding commissions for each Participation contract.

The PATCOM transaction is used to manually process commissions for an existing Participation contract.

Choose it from the [Other Products -> Participation -> Other -> Commissioning] menu option. 

(Users can directly start this transaction by clicking the  (Launch transaction ) available in the Panel headline without having to select the relevant menu)

When you have made your changes, click on the ( )  Save function to save all the data entered in the transaction to the database.

PABCOM: Automatic Commissioning for Participation

This is an automatic batch program transaction that occurs once a day.

Either manually or automatically through background operations, participation fees are processed.

The transaction PABCOM is used to register the transaction 'Commissioning'(PATCOM) for all Participation contracts.

Select it from the menu item[System Administration -> Batch Processing -> Commissioning -> Participation].

If the PABCOM transaction is already processed, the selection date and the value date from PABCOM are used for the reference date and the value date when settling the commission.

Both the selection date and the value date are passed on to the Commissioning transaction (PATCOM).