What must you do to start processing transaction journals in a loyalty program process after activating it?

To start processing transaction journals in a loyalty program after activation, setting up all parameters and rules is essential because it establishes the framework and guidelines for how the loyalty program will operate. This entails defining the criteria for transactions that will earn rewards, specifying the rules for member eligibility and tier qualifications, and determining how points or rewards are calculated and redeemed. Without this setup, the transaction journals cannot be processed effectively, as there would be no defined structure to follow.

Setting up parameters and rules ensures that all necessary components align correctly with the goals of the loyalty program, and it lays the groundwork for smooth transactions to be tracked and managed. Before activating the processing of transaction journals, having a detailed configuration prevents potential issues that could arise from unclear or undefined processes.