Generating a Liability Financial Instruction Line Item

When the Generate Instruction Line Items batch process is run, the system searches for any financial components with a processing date on or before the current date. On January 1st, the financial component reaches its first processing date, and an instruction line item is created. The information stored on the instruction line item includes the following:

• Nominee = Midway Emporium
• Amount = $100
• Delivery method = Invoice
• Category = Liability
• Type = Employer Contribution
• Cover period = January 1 to January 31
• Unprocessed amount = $100
• Status = Unprocessed
• Surcharge Adjustment = True

After the instruction line item is created, the next processing date on the financial component is rolled forward to February 1st.