InsPolicyRevenueScheduleService:createRevenueSchedule

This service supports Salesforce Financial Services Cloud.

Class: InsPolicyRevenueScheduleService

Method: createRevenueSchedule

How It Works

1. The service looks for the policy Id (assetId) and the transactionId that recorded the sale of the policy.

   

   Note

   If you're using this service on an org that uses Salesforce Financial Services Cloud, you must use getDataDRBundleNames or getDataCustomClassName as input in addition to these options.

2. Creates a list of revenue schedule entries for the policy. Each entry contains the following information:

   • Date: The end of each month, starting with the effective date of the policy and ending the last month of the policy term.

   • Total Earned Revenue: Total revenue you have earned for this policy by this date.

   • Total Unearned Revenue: Revenue you have not yet earned for this policy by this date.

   • Period Earned Revenue: The revenue you earn for this policy during this month.

   

   Note

   If you're using this service on an org that uses Salesforce Financial Services Cloud, you must use postDataDRBundleName or postDataCustomClassName to post the revenue schedule to the FSC.

3. Returns the total policy revenue to be earned, if the policy is not canceled or modified, in the output JSON.

Remote Options

Input JSON

This service doesn't use an input JSON.

Output JSON

The service returns the total revenue you will earn for this policy (if it isn't canceled or modified).

{
    "totalEarned": 533.8
}