Business analysis > Curam Financials Guide > Processing Deductions and Adjustments > Sample Payment Generation with Deductions and Tax Adjustments
Creating Financial Components
John Smith is found eligible for the Max Personal Benefit from February 1st, 2005 to February 7th, 2005. A financial component is created with the following details:
- Nominee = John Smith
- Amount = $35
- Delivery method = Check
- Delivery frequency = Weekly in advance
- Category = Payment
- Type = Max Personal Benefit
- Start Date = February 1
- End Date = February 7
- Expiry Date = February 1
- Processing Date: February 1
- Tax Adjustment = True
A secondary financial component for the third party deduction is created with the following details:
- Nominee = John Smith
- Amount = $5
- Delivery method = Check
- Delivery frequency = Weekly in advance
- Type = Deduction Payment
- Start Date = February 1
- End Date = February 7
- Expiry Date = February 1
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