Define the Options for Compensating via Single Payments or via Multiple Instalments

The frequency field is filled to indicate if the payment will be completed using a single instalment or using multiple instalments. At this stage, it’s just about making the choice available in the drop-down list later on in the process, as the final agreement and decision on number of instalments is captured for each stakeholder in each compensation file record. If multiple instalments are absolutely out of the question, just choose “Single payment” and indicate a maximum duration of “1d”. If multiple instalments are possible, leave the options possible and indicate a maximum duration which makes sense, for example “Annual and 5y maximum duration”. Again this is just about setting the boundaries as the individual agreement is captured in each compensation file record. Make sure to activate the package once you’ve completed the data entry part.