31. Annexure A - Accounting Entries and Advices

31.1 Accounting Entries for Securities Module

This section contains details of the suggested accounting entries that can be set up for the Securities module of Oracle FLEXCUBE. The details of the suggested accounting entries are listed event-wise.

This chapter contains the following sections:

• Section 31.1, "Accounting Entries for Securities Module"
• Section 31.2, "Securities Events"
• Section 31.3, "Amount Tags"
• Section 31.4, "Accounting Roles"

31.2 Securities Events

The following is an exhaustive list of events for portfolio type and customer buy/sell type of securities products.

This section contains the following topics:

• Section 31.2.1, "Portfolio Type of Products"
• Section 31.2.2, "Customer Buy/Sell Type of Products"

31.2.1 Portfolio Type of Products

	Event Code		Event Description		Remarks
	SPLP		Sec. Purchase from Long Position		All types
	SSLP		Sec. Sale from Long Position		All types
	ACRD		Accrual of Sec. Discount Earned		All types
	ACRP		Accrual of Sec. Premium Paid		All types
	ACRR		Accrual of Redemption Premium Earned		All types
	FACR		Sec. Forward Deal P&L Accrual		All types
	DVIN		Securities Dividend Initiation		All types
	DVCD		Securities Dividend Collection		All types
	DVLQ		Securities Dividend Liquidation		All types
	BRVL		Securities Revaluation of Positions/Deals		All types
	SSKC		Safe Keeping/Custodial Charges		All types
	WRLL		Warrants Sec. Tear-Off Processing		All types
	WROL		Warrant Detachment from Parent Sec		All types
	WELL		Warrants Sec. Exercise Processing		All types
	WXLL		Expiry of Un-Exercised Warrants		All types
	RGLL		Rights Security Tear-Off Processing		All types
	RGOL		Rights Detachment from Parent Sec.		All types
	RELL		Exercise of Rights for New Equity		All types
	RXLL		Expiry of Un-Exercised Rights		All types
	CANG		Corporate Action Notice Generation		All types
	IACR		Securities Coupon Interest Accrual		All types
	CPCD		Coupon Collection		All types
	CPIN		Coupon Initiation		All types
	CPLQ		Coupon Liquidation		All types
	SCIN		Securities Stock to Cash Initiation		All types
	SCCD		Securities Stock to Cash Collection		All types
	SCLQ		Securities Stock to Cash LIQD.		All types
	YACR		Yield Accruals for deals		All types

31.2.2 Customer Buy/Sell Type of Products

	Event Code		Event Description		Remarks
	Book		Booking of Securities Deal		All types
	AMND		Amendment of Securities Deal		All types
	CANC		Cancellation of Securities Deal		All types
	CCON		Counterparty confirmation		All types
	DACF		Deliver Versus Payment Confirmation		All types
	DFCF		Deliver Free Confirmation		All types
	DSTL		Settlement of Securities Deal		All types
	EXTN		Extension of Deal Settlement Date		All types
	MSTL		Money Settlement of Securities Deal		All types
	RACF		Receive Versus Payment Confirmation		All types
	RBLK		Release Block of Security Position		All types
	REAS		Reassignment of Securities Deal		All types
	REVR		Reversal of Securities Deal		All types
	RFCF		Receive Free Confirmation		All types

In the subsequent paragraphs we shall examine the accounting entries and advices for each of the events listed above.

31.3 Amount Tags

The amount tags listed below are hard-coded in Oracle FLEXCUBE.

	Amount Tag		Description
	CURR_FV		Current Face Value
	SEC_DEAL_AMOUNT		Securities Deal Amount
	DEAL_DISCNT_AMT		Securities Deal Discount Amount
	DEAL_NOMINALAMT		Securities Deal Nominal Amount
	DEAL_PREMIUMAMT		Securities Deal Premium Amount
	FWD_DEAL_LOSS		Securities Forward Loss
	FWD_DEAL_PROFIT		Securities Forward Profit
	SEC_ADJDEAL_AMT		Securities Adjusted Deal Amount
	SEC_DEAL_AMOUNT		Securities Deal Amount
	TBD_WHT_SELL		T Bill Discount Tax - Sell
	ACCRUED_RDPREM		Accrued Redemption Premium Amount
	CSH_DVDEND		Cash Dividend Amount
	CSH_DVDEND_EDIS		Cash Dividend Expense for DIBR
	CSH_DVDEND_EINI		Cash Dividend Expense for INIT
	CSH_DVDEND_ELIQ		Cash Dividend Expense for LIQD
	CSH_DVDEND_ICOL		Cash Dividend Income for COLL
	CSH_DVDEND_IINI		Cash Dividend Income for INIT
	CSH_DVDEND_ILIQ		Cash Dividend Income for LIQD
	DEAL_DISCNT_AMT		Securities Deal Discount Amount
	DEAL_NOMINALAMT		Securities Deal Nominal Amount
	DEAL_PREMIUMAMT		Securities Deal Premium Amount
	FWD_DEALEXP_ACR		Sec. Forward Deal Expense Accr Amt
	FWD_DEALINC_ACR		Sec. Forward Deal Income Accr Amt
	FWD_DEAL_LOSS		Securities Forward Deal Loss Amount
	FWD_DEAL_PROFIT		Securities Forward Deal Profit Amt
	HLDG_LO_MTM_EXP		Sec. Long Holdings MTM Reval Expens
	HLDG_LO_MTM_INC		Sec. Long Holdings MTM Reval Income
	HLDG_MTM_EXP		Sec. Net Holdings MTM Reval Expense
	HLDG_MTM_INC		Sec. Net Holdings MTM Reval Income
	HLDG_RL_MTM_EXP		Sec. Long Holdings MTM Realized Reval Expense
	HLDG_RL_MTM_INC		Sec. Long Holdings MTM Realized Reval Income
	HLDG_RS_MTM_EXP		Sec. Short Holdings MTM Realized Reval Expense
	HLDG_RS_MTM_INC		Sec. Short Holdings MTM Realized Reval Income
	HLDG_R_MTM_EXP		Sec. Net Holdings MTM Realized Reval Expense
	HLDG_R_MTM_INC		Sec. Net Holdings MTM Realized Reval Income
	HLDG_SH_MTM_EXP		Sec. Short Holdings MTM Reval Expns
	HLDG_SH_MTM_INC		Sec. Short Holdings MTM Reval Incom
	LOCOM_REVAL_EXP		Sec. Positions LOCOM Reval Expense
	LOCOM_RREVL_EXP		Sec. Positions LOCOM Realized Reval Expense
	LOCOM_REVAL_INC		Profit on LOCOM revaluation if LOCOM basis is ‘Acquisi­tion Cost’
	MTM_EXP		Sec. Positions MTM Reval Expense
	MTM_INC		Sec. Positions MTM Reval Income
	RDMPTN_PREM_AMT		Redemption Premium Amount
	REALIZED_LOSS		Securities Realized Trading Loss
	REALIZED_PROFIT		Securities Realized Trading Profit
	REAL_MTM_EXP		Sec. Positions MTM Realized Reval Expense
	REAL_MTM_INC		Sec. Positions MTM Realized Reval Income
	RGHT_INTR_VALUE		Rights Intrinsic Value
	SEC_ADJDEAL_AMT		Securities Adjusted Deal Amount
	SEC_CASH_DIVDND		Securities Cash Dividend Amount
	SEC_COST_AMOUNT		Sec. True Asset Cost Amount
	SEC_DEAL_AMOUNT		Securities Deal Amount
	SEC_DISC_ACCR		Sec. Discount Earned Accrual Amount
	SEC_PREM_ACCR		Sec. Premium Paid Accrual Amount
	SEC_RDPREM_ACCR		Sec. Redemption Premium Accrual Amt
	SEC_REVL_LOSS		Securities Revaluation Loss Amount
	SEC_REVL_PROFIT		Securities Revaluation Profit Amt
	SEC_RRVL_LOSS		Sec. Revaluation Reversal Loss Amt
	SEC_RRVL_PROFIT		Sec. Revaluation Profit Revrsal Amt
	STK_TO_CSH		Stock To Cash Amount
	STK_TO_CSH_EDIS		Stock To Cash Expense for DIBR
	STK_TO_CSH_EINI		Stock To Cash Expense for INIT
	STK_TO_CSH_ELIQ		Stock To Cash Expense for LIQD
	STK_TO_CSH_ICOL		Stock To Cash Income for COLL
	STK_TO_CSH_IINI		Stock To Cash Income for INIT
	STK_TO_CSH_ILIQ		Stock To Cash Income for LIQD
	TBD_WHT_ACCRA		T Bill Discount Tax - Arrears Accrued
	TBD_WHT_ACCRD		T Bill Discount Tax - Advance Accrued
	TBD_WHT_ADV		T Bill Discount Tax - Paid in Advance
	TBD_WHT_PAY		T Bill Discount Tax - Payable
	TBD_WHT_SELL		T Bill Discount Tax - Sell
	TBD_WHT_UNACCRB		T Bill Disc. Tax-Unaccrued-Sell Disc > Buy Disc
	TBD_WHT_UNACCRS		T Bill Disc. Tax-Unaccrued-Sell Disc <= Buy Disc
	UNACCRD_DISCNT		Unaccrued Discount Amount
	UNACCRD_PREMIUM		Unaccrued Premium Amount
	UNSD_BY_MTM_EXP		Unstld Buy Deals MTM Reval Expense
	UNSD_BY_MTM_INC		Unstld Buy Deals MTM Reval Income
	UNSD_MTM_EXP		Securities Unutilized Deals MTM Revaluation Expense
	UNSD_MTM_INC		Securities Unutilized Deals MTM Revaluation Income
	UNSD_R_MTM_EXP		Securities Unutilized Deals MTM Realized Reval Expense
	UNSD_R_MTM_INC		Securities Unutilized Deals MTM Realized Reval Income
	UNSD_SE_MTM_EXP		Unutilized Sell Deals MTM Revaluation Expense
	UNSD_SE_MTM_INC		Unutilized Sell Deals MTM Revaluation Income
	UNSR_BY_MTM_EXP		Unutilized Buy Deals MTM Realized Revaluation Expense
	UNSR_BY_MTM_INC		Unutilized Buy Deals MTM Realized Revaluation Income
	UNSR_SE_MTM_EXP		Unutilized Sell Deals MTM Realized Revaluation Expense
	UNSR_SE_MTM_INC		Unutilized Sell Deals MTM Realized Revaluation Income
	WARR_INTR_VALUE		Warrants Intrinsic Value
	INTCOMP_PUCMA		This Amount tag represents the value of the Bought Interest if any (at the time of Purchase) for the sold secu­rities. If there were more than one purchase, this tag will be a sum of all the bought interest in FIFO order. During sale these tags have value only if the sold units are bought in the current coupon period
	TOTALINT_TIAC		This amount tag represents the total interest accrued for the eligible units (total interest - Bought interest).
	SEC_PREM_TOTALACCR		This amount tag represents the total Premium accrued for the Sold units
	SEC_DISC_TOTALACCR		This amount tag represents the total Discount accrued for the Sold units
	SEC_BRIDGE_TFR		This amount tag can be used to move the balance between the bridge-buy and bridge-sell GL’s, (if different GL’s are used for Bridge-buy and bridge-sell). This amount tag will only be populated for the sell leg in the case of BBBS and CBCS kind of deals.
	SEC_PREM_ACCR		Premium Paid Accrual Amount
	SEC_INTADJ_ACCR		Interest Adjustment Accrual Amount
	SEC_DISC_ACCR		Discount Earned Accrual Amount
	ACCRUED_INT_ADJ		Accrued Interest Adjustment Amount
	BROK_DISC		Brokerage Discount Amount
	BROK_PREM		Brokerage Premium Amount
	DR_CHG_DISC		Consolidated Debit charges for the deal
	CR_CHG_PREM		Consolidated Credit charges for the deal

Note

When revaluation entries of the previous financial year are being reversed (at BOD on the first working day of the particular financial year) the following Amount Tags are used:

• HLDG_LO_MTM_INC_PY
• HLDG_LO_MTM_EXP_PY
• HLDG_SH_MTM_INC_PY
• HLDG_SH_MTM_EXP_PY
• HLDG_MTM_INC_PY
• HLDG_MTM_EXP_PY
• UNSD_BY_MTM_INC_PY
• UNSD_BY_MTM_EXP_PY
• UNSD_SE_MTM_INC_PY
• UNSD_SE_MTM_EXP_PY
• UNSD_MTM_INC_PY
• UNSD_MTM_EXP_PY
• MTM_INC_PY
• MTM_EXP_PY
• LOCOM_REVAL_EXP_PY

The amount tags have already been explained in the table above except for the fact that they have the PY suffix.

31.4 Accounting Roles

In this section we have provided two separate lists of sample accounting roles. List I contains accounting roles that can be set up for a Portfolio type of product. List II contains samples of accounting roles that are applicable for a Customer buy/sell type of product.

This section contains the following topics:

• Section 31.4.1, "List I – Acct Roles for a Portfolio Type of Product"
• Section 31.4.2, "List 2 – Acct Roles for a Customer Buy/Sell Type of Product"
• Section 31.4.3, "SS Deal with a Portfolio Type Of Product: Bank Portfolio"
• Section 31.4.4, "SS deal with a Customer Buy/Sell type of product"

31.4.1 List I – Acct Roles for a Portfolio Type of Product

	Accounting Role		Description
	SEC DISC TBACRD		Security Deal Discount to be Accrued GL
	SEC PREM TBACRD		Security Deal Premium to be Accrued GL
	SEC FWDEXP OFST		Security Forward Deal Loss Offset GL
	SEC FWDINC OFST		Security Forward Deal Profit Offset GL
	SE_FL_INT_RCPY		SE_FL_INT-Receivable/Payable
	SE_FL_INT_RAPA		SE_FL_INT- Recd in Adv/Paid in Adv
	SEC ASSET GL		Securities Portfolio Asset GL
	SEC BRIDGE GL		Securities Bridge GL - Settlement
	SEC LIABILTY GL		Securities Portfolio Liability GL
	SE_FX_INT_IC		SE_FX_INT - Income – Cum
	SE_FX_INT_IX		SE_FX_INT - Income – Ex
	SE_FX_INT_AJI		SE_FX_INT-Previous Period Adj Inc
	SE_FX_INT_RCPY		SE_FX_INT - Receivable/Payable
	SE_FX_INT_RAPA		SE_FX_INT- Recd in Adv/Paid in Adv
	SEC RLZD LOSS		Security Trading Realized Loss GL
	SEC RLZD PROFIT		Security Trading Realized Profit GL
	SEC RDPREM RECV		Security Redemption Premium Receivable
	SEC RDPREM ERND		Security Redemption Premium Earned GL
	MTM_ASS		Security Positions MTM Reval Asset
	MTM_LBY		Security Positions MTM Reval Liability
	MTM_EXP		Security Positions MTM Reval Expense
	MTM_INC		Security Positions MTM Reval Income
	SEC COUPON RECV		Securities Coupon Receivable GL
	SEC COUPON PAY		Securities Coupon Payable GL
	SEC BRIDGE-S		Securities Bridge - Sale
	SEC BRIDGE - PUR		Securities Bridge – Purchase
	DEAL_PREMIUM		Deal Premium
	DEAL_DISCOUNT		Deal Discount
	DEAL INTEREST-BOUGHT		Deal interest bought
	ACCRUAL OF PREM EXP – MEMO		Accrual of Premium Expense - Memo
	ACCRUAL OF DISCT INC – MEMO		Accrual of Premium Income - Memo
	ACCRUAL OF INT. INC - MEMO		Accrual of Interest Income - Memo
	INTCOMP_OFF		Purchase Interest Offset GL, created for each interest compo­nent to indicate routing of purchase interest.
	INTCOMP_PUADJ		Difference between Sold Interest and the Interest Accrued. In the first coupon after purchase, this tag will be equal to Pur­chase Interest. In subsequent coupons, this tag will have a value of 0, as the Sold Interest would be equal to Interest Accrued
	LOCOM_REVAL_INC		Profit on LOCOM revaluation if LOCOM basis is ‘Acquisition Cost’
	LOCOM_REVAL_ASS		Corresponding asset for LOCOM revaluation on ‘Acquisition Cost’ basis
	SEC PREM EARNED		Premium Earned
	SEC PREM TBACRD		Premium to be Accrued
	SEC INT ADJ		EIM Adjustment Receivable for Par deals
	SEC BRIDGE GL		EIM Adjustment Income for Par deals
	SEC DISC TBACRD		Discount to be Accrued
	SEC DISC EARNED		Discount Earned

Note

You should not use the memo GLs if you accrue premium/discount directly into your in­come/expense GLs. Similarly, you should not use DEAL_PREMIUM, DEAL_DISCOUNT and DEAL INTEREST-BOUGHT, GLs in a product, which is using SEC DISC TBACRD and SEC PREM TBACRD.

31.4.2 List 2 – Acct Roles for a Customer Buy/Sell Type of Product

	Accounting Role		Description
	CS_REG_INC		Chg Class For Cust Sell
	CB_REG_INC		Charge Class For Cust Buy
	SEC BRIDGE GL		Securities Bridge GL – Settlement
	SEC BRIDGE-SELL		Securities Bridge - Sale
	SEC BRIDGE - PUR		Securities Bridge – Purchase
	SEC BRIDGE BUY		Securities Bridge – Buy
	INTCOMP_BOT		Deal interest bought.

Note

If you are using the Securities Bridge GL (SEC BRIDGE GL) for settlements you should not be associating the Bridge GLs (SEC BRIDGE-S, SEC BRIDGE – PUR) with the prod­uct. However, these roles cannot be made applicable on portfolios with Weighted Average as the Costing Method.

The suffixes stand for:

	RECV		Receivable
	RIA		Received in advance
	TBACRD		To be accrued
	OFST		Offset GL
	RCPY		Receivable/Payable
	RAPA		Received in advance/Paid in advance
	AJI		Adjustment Income
	ERND		Earned
	ASS		Asset
	LBY		Liability
	PAY		Payable
	EXP		Expense

Securities Advices

The list of advices that shall be generated in Securities Module of Oracle FLEXCUBE 3.0 is as shown in the table below:

	Advice Code		Advice Description		SWIFT Equivalent.		Sender of Message		Receiver of Message
	TRADE CONF AFFM		Trade Confir­mation Affir­mation		MT 517		Trade Instructing Party		Trade Executing Party
							Buyer		Trade Counter­party
	MKT TRADE CONF		Market-Side Trade Confir­mation		MT 518		Trade Executing Party		Trade Counter­party
	RECV SEC FREE		Receive Free		MT 520/MT540		Custody/Portfolio Customer		Custodian
							Custodian		Safekeeping Loca­tion
	DLVR SEC FREE		Deliver Free		MT 522/MT542		Custody/Portfolio Customer		Custodian
							Custodian		Safekeeping Loca­tion
	DLVR SEC APMT		Deliver Against Pay­ment		MT 523/MT543		Custody/Portfolio Customer		Custodian
							Custodian		Safekeeping Loca­tion
	RECV SEC APMT		Received against pay­ment		MT 521/ MT 541		Custody/Portfolio Customer		Custodian
							Custodian		Safekeeping Loca­tion
	RECV FREE CONF		Receive Free Confirmation		MT 530		Safekeeping Loca­tion		Custodian
							Custodian		Custody/Portfolio Customer
	RECV APMT CONF		Receive Against Pay­ment Confir­mation		MT 531		Safekeeping Loca­tion		Custodian
							Custodian		Custody/Portfolio Customer
	DLVR FREE CONF		Deliver Free Confirmation		MT 532		Safekeeping Loca­tion		Custodian
							Custodian		Custody/Portfolio Customer
	DLVR FREE APMT		Deliver Against Pay­ment Confir­mation		MT 533		Safekeeping Loca­tion		Custodian
							Custodian		Custody/Portfolio Customer
	NOTICE OF RGHTS		Notice of Rights		MT 550		Custodian		Custody/Portfolio Customer
	NOTICE OF EVENT		Notice of Event		MT 551		Custodian		Custody/Portfolio Customer
	MONY INCOME ADV		Advice of Money Income		MT 554		Custodian		Custody/Portfolio Customer
	SEC INCOME ADV		Advice of Income in the Form of Securities		MT 555		Custodian		Custody/Portfolio Customer
	SEC RED­MPTN ADV		Advice of Redemption		MT 556		Custodian		Custody/Portfolio Customer
	REQST FOR STMT		Request for Statement		MT 570		Custody/Portfolio Customer		Custodian
							Custodian		Safekeeping Loca­tion
	SEC HLD STATMNT		Statement of Holdings		MT 571		Custodian		Portfolio Customer
							Safekeeping Loca­tion		Custodian
	SEC TXN STATMNT		Statement of Transactions		MT 572		Custodian		Portfolio Customer
							Safekeeping Loca­tion		Custodian
	PNDING TXN STMT		Statement of Pending Transactions		MT 573		Custodian		Portfolio Customer
							Safekeeping Loca­tion		Custodian

In the subsequent sections we have defined suggested accounting entries and advices for each of the events in the life-cycle of an SS deal. Samples of accounting entries, advices, and events have been given for two different types of SS deals. They are:

• SS deal with a Portfolio type of product – Bank Portfolio
• SS deal with a Customer Buy/Sell type of products

31.4.3 SS Deal with a Portfolio Type Of Product: Bank Portfolio

The preferences set up for a Bank Portfolio type of products are as follows:

• The costing method used for this product is Weighted Average
• The accounting basis is Non Accrual
• Monthly accrual frequency has been used for components like premium, discount, forward profit or loss.
• The revaluation process used is MTM (Marked to Market).
• Market Price is used for limit tracking purposes

31.4.3.1 SPLP: Security Purchase from Long Position

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC BRIDGE GL		DEAL_DISCNT_AMT		Debit
	SEC DISC TBACRD		DEAL_DISCNT_AMT		Credit
	SEC ASSET GL		DEAL_NOMINALAMT		Debit
	SEC BRIDGE GL		DEAL_NOMINALAMT		Credit
	SEC BRIDGE GL		DEAL_PREMIUMAMT		Credit
	SEC PREM TBACRD		DEAL_PREMIUMAMT		Debit
	SEC BRIDGE GL		FWD_DEAL_LOSS		Credit
	SEC FWDEXP OFST		FWD_DEAL_LOSS		Debit
	SEC BRIDGE GL		FWD_DEAL_PROFIT		Debit
	SEC FWDINC OFST		FWD_DEAL_PROFIT		Credit
	SEC BRIDGE GL		SE_FL_INT_PUCM		Credit
	SE_FL_INT_RCPY		SE_FL_INT_PUCM		Debit
	SEC BRIDGE GL		SE_FL_INT_PUEX		Debit
	SE_FL_INT_RAPA		SE_FL_INT_PUEX		Credit
	SEC BRIDGE GL		SE_FX_INT_PUCM		Credit
	SE_FX_INT_RCPY		SE_FX_INT_PUCM		Debit
	SEC BRIDGE GL		SE_FX_INT_PUEX		Debit
	SE_FX_INT_RAPA		SE_FX_INT_PUEX		Credit
	SEC PREM TBACRD		BROK_PREM		Debit
	SEC BRIDGE GL		BROK_PREM		Credit
	SEC BRIDGE GL		DR_CHG_DISC		Debit
	SEC DISC TBACRD		DR_CHG_DISC		Credit
	SEC PREM TBACRD		CR_CHG_PREM		Debit
	SEC BRIDGE GL		CR_CHG_PREM		Credit

Given below are the sample accounting entries that will be posted if you use the alternative accounting roles for this event:

	Accounting Role		Standard/Alternative		Amount Tags		Standard/Alternative		Debit/Credit Indictor
	Sec Asset GL		Standard		DEAL_NOMINALAMT		Standard		Debit
	Sec Bridge - Pur		Alternative		DEAL_NOMINALAMT		Standard		Credit
	Deal Premium		Alternative		DEAL_PREMIUMAMT		Standard		Debit
	Sec Bridge - Pur		Alternative		DEAL_PREMIUMAMT		Standard		Credit
	Sec Bridge - Pur		Alternative		DEAL_DISCNT_AMT		Standard		Debit
	Deal Discount		Alternative		DEAL_DISCNT_AMT		Standard		Credit
	Deal Interest-Bought		Alternative		INTCOMP_PUCM		Standard		Debit
	Sec Bridge - Pur		Alternative		INTCOMP_PUCM		Standard		Credit

Advices

No advices allowed for this event.

31.4.3.2 SSLP: Security Sale from Long Position

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC BRIDGE GL		ACCRUED_RDPREM		Debit
	SEC RDPREM RECV		ACCRUED_RDPREM		Credit
	SEC ASSET GL		DEAL_NOMINALAMT		Credit
	SEC BRIDGE GL		DEAL_NOMINALAMT		Debit
	SEC BRIDGE GL		FWD_DEAL_LOSS		Credit
	SEC FWDEXP OFST		FWD_DEAL_LOSS		Debit
	SEC BRIDGE GL		FWD_DEAL_PROFIT		Debit
	SEC FWDINC OFST		FWD_DEAL_PROFIT		Credit
	SEC BRIDGE GL		REALIZED_LOSS		Credit
	SEC RLZD LOSS		REALIZED_LOSS		Debit
	SEC BRIDGE GL		REALIZED_PROFIT		Debit
	SEC RLZD PROFIT		REALIZED_PROFIT		Credit
	SEC ASSET GL		RGHT_INTR_VALUE		Debit
	SEC BRIDGE GL		RGHT_INTR_VALUE		Credit
	SEC BRIDGE GL		SE_FL_INT_SOCM		Debit
	SE_FL_INT_RCPY		SE_FL_INT_SOCM		Credit
	SEC BRIDGE GL		SE_FL_INT_SOEX		Credit
	SE_FL_INT_RAPA		SE_FL_INT_SOEX		Debit
	SEC BRIDGE GL		SE_FX_INT_SOCM		Debit
	SE_FX_INT_RCPY		SE_FX_INT_SOCM		Credit
	SEC BRIDGE GL		SE_FX_INT_SOEX		Credit
	SE_FX_INT_RAPA		SE_FX_INT_SOEX		Debit
	SEC BRIDGE GL		UNACCRD_DISCNT		Credit
	SEC DISC TBACRD		UNACCRD_DISCNT		Debit
	SEC BRIDGE GL		UNACCRD_PREMIUM		Debit
	SEC PREM TBACRD		UNACCRD_PREMIUM		Credit
	SEC ASSET GL		WARR_INTR_VALUE		Debit
	SEC BRIDGE GL		WARR_INTR_VALUE		Credit
	SEC BRIDGE GL		ACCRUED_INT_ADJ		Debit
	SEC INT ADJ		ACCRUED_INT_ADJ		Credit

Given below are the sample accounting entries that will be posted if you use the alternative accounting roles for this event:

SSLP (Sale)

	Accounting Roles		Standard/ Alternative		Amount Tags		Standard/ Alternative		Dr. /Cr. Indicator
	Premium Accrued		Standard		SEC_PREM_TOTALACCR		Alternative		Debit
	Deal Premium		Alternative		SEC_PREM_TOTALACCR		Alternative		Credit
	Sec Bridge-S		Alternative		UNACCRD_PREMIUM		Standard		Debit
	Deal Premium		Alternative		UNACCRD_PREMIUM		Standard		Credit
	Premium Expense		Standard		SEC_PREM_TOTALACCR		Alternative		Debit
	Accrual of Prem Exp - Memo		Alternative		SEC_PREM_TOTALACCR		Alternative		Credit
	Deal Discount		Alternative		SEC_DISC_TOTALACCR		Alternative		Debit
	Discount Accrued		Standard		SEC_DISC_TOTALACCR		Alternative		Credit
	Deal Discount		Alternative		UNACCRD_DISCNT		Standard		Debit
	Sec Bridge-S		Alternative		UNACCRD_DISCNT		Standard		Credit
	Accrual of Disct Inc - Memo		Alternative		SEC_DISC_TOTALACCR		Alternative		Debit
	Discount Income		Standard		SEC_DISC_TOTALACCR		Alternative		Credit
	Sec Bridge-S (SEC-BRIDGE-SEL)		Alternative		INTCOMP_PUCMA	This amount tag represents the value of the Bought Interest if any (at the time of Purchase) for the sold secu­rities		Alternative		Debit
	Deal Interest-Bought (INT­COMP_BOT)		Alternative		INTCOMP_PUCMA		Alternative		Credit
	Sec Bridge-S (SEC-BRIDGE-SEL)		Alternative		INTCOMP_TIAC	This amount tag represents the interest accrual.		Alternative		Debit
	Accrual of Int. Rec (RCPY) (INT­COMP_RCPY)		Standard		INTCOMP_TIAC		Alternative		Credit
	Accrual of Int. Inc – Memo (INTCOMP_I­MEM)		Alternative		INTCOMP_TIAC		Alternative		Debit
	Interest Income (INT­COMP_I)		Standard		INTCOMP_TIAC		Alternative		Credit

Total Sold Interest = INT_ PUCMA + INTCOMP_TIAC)

(INTCOMP_PUCMA will have value only if the security is bought and sold in the same coupon period)

SPLP (Capitalized Bonds)

In addition to the normal accounting entries you will need to specify the entries to move the purchased interest into offset GL (Sale option) or the Bought Interest GL (Sale and coupon).

SSLP (Redemption)

	Accounting Roles		Standard/ Alternative		Amount Tags		Standard/ Alternative		Dr./Cr. Indicator
	Premium Accrued		Standard		SEC_PREM_TOTA­LACCR		Alternative		Debit
	Deal Pre­mium		Alternative		SEC_PREM_TOTA­LACCR		Alternative		Credit
	Premium Expense		Standard		SEC_PREM_TOTA­LACCR		Alternative		Debit
	Accrual of Prem Exp - Memo		Alternative		SEC_PREM_TOTA­LACCR		Alternative		Credit
	Deal Dis­count		Alternative		SEC_DISC_TOTALACCR		Alternative		Debit
	Discount Accrued		Standard		SEC_DISC_TOTALACCR		Alternative		Credit
	Accrual of Disct Inc - Memo		Alternative		SEC_DISC_TOTALACCR		Alternative		Debit
	Discount Income		Standard		SEC_DISC_TOTALACCR		Alternative		Credit

 

You will need to maintain the following accounting entry set-up when a securities contract is liquidated with previous year adjustment option.

	Accounting Role		Amount Tag		Debit / Credit Indicator
	For Interest
	SEC-BRIDGE-SEL (Security Bridge GL – SALE)		INTCOMP_PUCMA (Purchase Inter­est)		Debit
	INTCOMP_BOT (Deal Pur­chase Interest)		INTCOMP_PUCMA (Purchase Inter­est)		Credit
	SEC-BRIDGE-SEL (Security Bridge GL – SALE)		INTCOMP_TIAC (Interest Accrued)		Debit
	INTCOMP_RCPY (Interest Receivable / Payable)		INTCOMP_TIAC (Interest Accrued)		Credit
	INTCOMP_IMEM (Interest Income – Memo)		INTCOMP_TIAC (Interest Accrued)		Debit
	INTCOMP_I (Interest Income)		INTCOMP_TIAC (Interest Accrued)		Credit
	For Discount
	DEAL_DISCOUNT (Deal Discount GL)		UNACCRD_DISCNT		Debit
	SEC BRIDGE GL (Securities Bridge GL – Settlement)		UNACCRD_DISCNT (Unaccrued Discount Amount)		Credit
	DEAL_DISCOUNT (Deal Discount GL)		SEC_DISC_TOTACCR (Total Dis­count Accrued on Sold Units)		Debit
	SEC DISC TBACRD (Sec. Deal Discount To Be Accrued GL)		SEC_DISC_TOTACCR (Total Dis­count Accrued on Sold Units)		Credit
	ACCR_DIS_IN_MEM (Accrual of Discount Income-Memo GL)		SEC_DISC_TOTACCR (Total Dis­count Accrued on Sold Units)		Debit
	SEC DISC EARNED (Sec. Discount Earned Income GL)		SEC_DISC_TOTACCR (Total Dis­count Accrued on Sold Units)		Credit
	For Premium
	SEC BRIDGE GL (Securities Bridge GL – Settlement)		UNACCRD_PREMIUM (Unaccrued Premium Amount)		Debit
	DEAL_PREMIUM (Deal Pre­mium GL)		UNACCRD_PREMIUM (Unaccrued Premium Amount)		Credit
	SEC PREM TBACRD (Sec. Deal Premium To Be Accrued GL)		SEC_PREM_TOTACCR (Total Pre­mium Accrued on Sold Units)		Debit
	DEAL_PREMIUM (Deal Pre­mium GL)		SEC_PREM_TOTACCR (Total Pre­mium Accrued on Sold Units)		Credit
	SEC PREM PAID (Sec. Pre­mium Paid Expense GL)		SEC_PREM_TOTACCR (Total Pre­mium Accrued on Sold Units)		Debit
	ACCR_PRM_XP_MEM (Accrual of Premium Expense-Memo GL)		SEC_PREM_TOTACCR (Total Pre­mium Accrued on Sold Units)		Credit

Note

If Interest / discount / premium has been accrued during the previous year, the entries will have the amount tags with suffix “_PY” to indicate that they are passed against the Previ­ous Year Adjustment GL. During accounting, for the amount tags with suffix “_PY”, ac­counting entries are passed against the Previous Year Adjustment GL, maintained in the Chart of Accounts.

	Accounting Role		Amount Tag		Debit / Credit Indicator
	For Interest
	SEC-BRIDGE-SEL (Security Bridge GL – SALE)		INTCOMP_PUADJ (This tag should be assigned the difference between Sold Interest and Interest Accrued)		Debit
	INTCOMP_OFF (Pur­chase Interest Offset GL)		INTCOMP_PUADJ (This tag should be assigned the difference between Sold Interest and Interest Accrued).		Credit
	INTCOMP_OFF (Pur­chase Interest Offset GL)		INTCOMP_PUCMA (Purchase Interest)		Debit
	INTCOMP_BOT (Deal Purchase Interest)		INTCOMP_PUCMA (Purchase Interest)		Credit
	SEC-BRIDGE-SEL (Security Bridge GL – SALE)		INTCOMP_TIAC (Interest Accrued)		Debit
	INTCOMP_RCPY (Interest Receivable / Payable)		INTCOMP_TIAC		Credit
	INTCOMP_IMEM (Interest Income – Memo GL)		INTCOMP_TIAC_PY (Interest Accrued - Pre­vious Year’s contribution)		Debit
	INTCOMP_I (Interest Income)		INTCOMP_TIAC_PY		Credit
	INTCOMP_IMEM (Interest Income – Memo GL)		INTCOMP_TIAC_CY (Interest Accrued - Cur­rent Year’s contribution)		Debit
	INTCOMP_I (Interest Income)		INTCOMP_TIAC_CY		Credit
	For Discount
	DEAL_DISCOUNT (Deal Discount GL)		UNACCRD_DISCNT (Unaccrued Discount Amount)		Debit
	SEC BRIDGE GL (Securities Bridge GL – Settlement)		UNACCRD_DISCNT (Unaccrued Discount Amount)		Credit
	DEAL_DISCOUNT (Deal Discount GL)		SEC_DISC_TOTACCR (Total Discount Accrued on Sold Units)		Debit
	SEC DISC TBACRD (Sec. Deal Discount To Be Accrued GL)		SEC_DISC_TOTACCR		Credit
	ACCR_DIS_IN_MEM (Accrual of Discount Income-Memo GL)		SEC_DISC_TOTACCR_PY (Total Discount Accrued on Sold Units ( Previous Year’s Con­tribution )		Debit
	SEC DISC EARNED (Sec. Discount Earned Income GL)		SEC_DISC_TOTACCR_PY (Total Discount Accrued on Sold Units)		Credit
	ACCR_DIS_IN_MEM (Accrual of Discount Income-Memo GL)		SEC_DISC_TOTACCR_CY (Total Discount Accrued on Sold Units - Current Year’s Con­tribution )		Debit
	SEC DISC EARNED (Sec. Discount Earned Income GL)		SEC_DISC_TOTACCR_CY (Total Discount Accrued on Sold Units – Current Years Con­tribution)		Credit
	For Premium
	SEC BRIDGE GL (Securities Bridge GL – Settlement)		UNACCRD_PREMIUM (Unaccrued Pre­mium Amount)		Debit
	DEAL_PREMIUM (Deal Premium GL)		UNACCRD_PREMIUM (Unaccrued Pre­mium Amount)		Credit
	SEC PREM TBACRD (Sec. Deal Premium To Be Accrued GL)		SEC_PREM_TOTACCR (Total Premium Accrued on Sold Units)		Debit
	DEAL_PREMIUM (Deal Premium GL)		SEC_PREM_TOTACCR (Total Premium Accrued on Sold Units)		Credit
	SEC PREM PAID (Sec. Premium Paid Expense GL)		SEC_PREM_TOTACCR_PY (Total Premium Accrued on Sold Units - Previous Year’s Con­tribution)		Debit
	ACCR_PRM_X­P_MEM (Accrual of Premium Expense-Memo GL)		SEC_PREM_TOTACCR_PY (Total Premium Accrued on Sold Units - Previous Year’s Con­tribution)		Credit
	SEC PREM PAID - Sec. (Premium Paid Expense GL)		SEC_PREM_TOTACCR_CY (Total Premium Accrued on Sold Units - Current Year’s Con­tribution)		Debit
	ACCR_PRM_X­P_MEM (Accrual of Premium Expense-Memo GL)		SEC_PREM_TOTACCR_CY (Total Premium Accrued on Sold Units - Current Year’s Con­tribution)		Credit

When Wipe Deal Purchase Interest is set to Sale, the accounting entries pertaining to Purchase Interest are as follows:

	Accounting Role and Description		Amount Tag and Description		Debit/Credit Indicator
	SEC-BRIDGE-SEL (Security Bridge GL – SALE)		INTCOMP_PUCMA (Sold Interest – Interest Accrued)		Debit
	INTCOMP_BOT (Deal Pur­chase Interest)		INTCOMP_PUCMA (also = Pur­chased Interest)		Credit
	SEC-BRIDGE-SEL (Security Bridge GL – SALE)		INTCOMP_TIAC (Interest Accrued)		Debit
	INTCOMP_RCPY (Interest Receivable / Payable)		INTCOMP_TIAC (Interest Accrued)		Credit
	INTCOMP_IMEM		INTCOMP_TIAC (Interest Accrued)		Debit
	INTCOMP_I		INTCOMP_TIAC - Interest Accrued		Credit

Advices

No advices allowed for this event.

31.4.3.3 SPSP: Security Purchase from Short Position

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC BRIDGE GL		DEAL_DISCNT_AMT		Debit
	SEC LIABILTY GL		DEAL_DISCNT_AMT		Credit
	SEC BRIDGE GL		DEAL_NOMINALAMT		Credit
	SEC LIABILTY GL		DEAL_NOMINALAMT		Debit
	SEC BRIDGE GL		DEAL_PREMIUMAMT		Credit
	SEC LIABILTY GL		DEAL_PREMIUMAMT		Debit
	SEC BRIDGE GL		FWD_DEAL_LOSS		Credit
	SEC LIABILTY GL		FWD_DEAL_LOSS		Debit
	SEC BRIDGE GL		FWD_DEAL_PROFIT		Debit
	SEC LIABILTY GL		FWD_DEAL_PROFIT		Credit
	SEC RLZD LOSS		REALIZED_LOSS		Debit
	SEC BRIDGE GL		REALIZED_PROFIT		Debit
	SEC RLZD PROFIT		REALIZED_PROFIT		Credit
	SEC BRIDGE GL		RGHT_INTR_VALUE		Debit
	SEC LIABILTY GL		RGHT_INTR_VALUE		Credit
	SEC BRIDGE GL		SE_FL_INT_PUCM		Credit
	SE_FL_INT_RCPY		SE_FL_INT_PUCM		Debit
	SEC BRIDGE GL		SE_FL_INT_PUEX		Debit
	SE_FL_INT_RAPA		SE_FL_INT_PUEX		Credit
	SEC BRIDGE GL		SE_FX_INT_PUCM		Credit
	SE_FX_INT_RCPY		SE_FX_INT_PUCM		Debit
	SEC BRIDGE GL		SE_FX_INT_PUEX		Debit
	SE_FX_INT_RAPA		SE_FX_INT_PUEX		Credit
	SEC BRIDGE GL		UNACCRD_DISCNT		Debit
	SEC LIABILTY GL		UNACCRD_DISCNT		Credit
	SEC BRIDGE GL		UNACCRD_PREMIUM		Credit
	SEC LIABILTY GL		UNACCRD_PREMIUM		Debit
	SEC BRIDGE GL		WARR_INTR_VALUE		Debit
	SEC LIABILTY GL		WARR_INTR_VALUE		Credit

Advices

No advices allowed for this event.

31.4.3.4 SSSP: Security Sale from Short Position

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC BRIDGE GL		DEAL_DISCNT_AMT		Credit
	SEC LIABILTY GL		DEAL_DISCNT_AMT		Debit
	SEC BRIDGE GL		DEAL_NOMINALAMT		Debit
	SEC LIABILTY GL		DEAL_NOMINALAMT		Credit
	SEC BRIDGE GL		DEAL_PREMIUMAMT		Debit
	SEC LIABILTY GL		DEAL_PREMIUMAMT		Credit
	SEC BRIDGE GL		FWD_DEAL_LOSS		Credit
	SEC LIABILTY GL		FWD_DEAL_LOSS		Debit
	SEC BRIDGE GL		FWD_DEAL_PROFIT		Debit
	SEC LIABILTY GL		FWD_DEAL_PROFIT		Credit
	SEC BRIDGE GL		SE_FL_INT_SOCM		Debit
	SE_FL_INT_RCPY		SE_FL_INT_SOCM		Credit
	SEC BRIDGE GL		SE_FL_INT_SOEX		Credit
	SE_FL_INT_RAPA		SE_FL_INT_SOEX		Debit
	SEC BRIDGE GL		SE_FX_INT_SOCM		Debit
	SE_FX_INT_RCPY		SE_FX_INT_SOCM		Credit
	SEC BRIDGE GL		SE_FX_INT_SOEX		Credit
	SE_FX_INT_RAPA		SE_FX_INT_SOEX		Debit
	SEC DISC TBACRD		BROK_DISC		Debit
	SEC BRIDGE GL		BROK_DISC		Credit
	SEC BRIDGE GL		DR_CHG_DISC		Debit
	SEC PREM TBACRD		DR_CHG_DISC		Credit
	SEC DISC TBACRD		CR_CHG_PREM		Debit
	SEC BRIDGE GL		CR_CHG_PREM		Credit

Advices

No advices allowed for this event.

31.4.3.5 FACR: Security Forward Deal P & L Accrual

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC FWD LOSS		FWD_DEALEXP_ACR		Debit
	SEC FWDEXP OFST		FWD_DEALEXP_ACR		Credit
	SEC FWD PROFIT		FWD_DEALINC_ACR		Credit
	SEC FWDINC OFST		FWD_DEALINC_ACR		Debit

Advices

No advices allowed for this event.

31.4.3.6 ACRD: Accrual of Security Discount Earned

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC DISC EARNED		SEC_DISC_ACCR		Credit
	SEC DISC TBACRD		SEC_DISC_ACCR		Debit

Given below is the sample accounting entries that will be posted if you use the alternative accounting roles for this event:

	Accounting Roles		Standard/ Alternative		Amount Tags		Standard/ Alternative		Dr./Cr. Indicator
	* Discount Accrued * (Discount TBACRD can be us		Standard		SEC_DIS­C_ACCR		Standard		Debit
	Accrual of Disct Inc – Memo		Alternative		SEC_DIS­C_ACCR		Standard		Credit

Advices

No advices allowed for this event.

31.4.3.7 ACRP: Accrual of Security Premium Paid

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC PREM PAID		SEC_PREM_ACCR		Debit
	SEC PREM TBACRD		SEC_PREM_ACCR		Credit

 

Given below is the sample accounting entries that will be posted if you use the alternative accounting roles for this event:

	Accounting Roles		Standard/ Alternative		Amount Tags		Standard/ Alternative		Dr./Cr. Indicator
	Accrual of Prem Exp - Memo		Alternative		SEC_PREM_ACCR		Standard		Debit
	* Premium Accrued	* (Premium TBACRD can be used)		Standard		SEC_PREM_ACCR		Standard		Credit

Advices

No advices allowed for this event.

31.4.3.8 ACRR: Accrual of Redemption Premium Earned

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC RDPREM ERND		SEC_RDPREM_ACCR		Credit
	SEC RDPREM RECV		SEC_RDPREM_ACCR		Debit

Advices

No advices allowed for this event.

31.4.3.9 DVIN: Securities Dividend Initiation

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC DIVDND PAY		SEC_CASH_DIVDND		Credit
	SEC DIVDND RECV		SEC_CASH_DIVDND		Debit

Advices

Nil

31.4.3.10 DVCD: Securities Dividend Collection

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC DIVDND RECV		SEC_CASH_DIVDND		Credit
	SEC SETTLEMENT		SEC_CASH_DIVDND		Debit

Advices

No advices allowed for this event.

31.4.3.11 DVLQ: Securities Dividend Liquidation

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC DIVDND PAY		SEC_CASH_DIVDND		Debit
	SEC SETTLEMENT		SEC_CASH_DIVDND		Credit

Advices

Nil.

31.4.3.12 RGLL: Rights Security Tear-Off Processing

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	RIGHTS ASSET GL		RGHT_INTR_VALUE		Debit
	SEC BRIDGE GL		RGHT_INTR_VALUE		Credit

Advices

No advices allowed for this event.

31.4.3.13 RGOL: Rights Detachment from Parent Security

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC ASSET GL		RGHT_INTR_VALUE		Credit
	SEC BRIDGE GL		RGHT_INTR_VALUE		Debit

Advices

No advices allowed for this event.

31.4.3.14 RELL: Exercise of Rights for New Equity

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC BRIDGE GL		SEC BRIDGE GL		Credit
	SEC DISC TBACRD		DEAL_DISCNT_AMT		Debit
	RIGHTS ASSET GL		DEAL_NOMINALAMT		Credit
	SEC BRIDGE GL		DEAL_NOMINALAMT		Debit
	SEC BRIDGE GL		DEAL_PREMIUMAMT		Debit
	SEC PREM TBACRD		DEAL_PREMIUMAMT		Credit
	RES SEC. ASSET		RGHT_INTR_VALUE		Debit
	RIGHTS ASSET GL		RGHT_INTR_VALUE		Credit

Advices

No advices allowed for this event.

31.4.3.15 RENL: Rights Security Exercise Processing

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC BRIDGE GL		DEAL_DISCNT_AMT		Debit
	SEC DISC TBACRD		DEAL_DISCNT_AMT		Credit
	RES SEC. ASSET		DEAL_NOMINALAMT		Debit
	SEC BRIDGE GL		DEAL_NOMINALAMT		Credit
	SEC BRIDGE GL		DEAL_PREMIUMAMT		Credit
	SEC PREM TBACRD		DEAL_PREMIUMAMT		Debit

Advices

No advices allowed for this event.

31.4.3.16 RXLL: Expiry of Un-Exercised Rights

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC BRIDGE GL		DEAL_DISCNT_AMT		Credit
	SEC DISC TBACRD		DEAL_DISCNT_AMT		Debit
	RIGHTS ASSET GL		DEAL_NOMINALAMT		Credit
	SEC BRIDGE GL		DEAL_NOMINALAMT		Debit
	SEC BRIDGE GL		DEAL_PREMIUMAMT		Debit
	SEC PREM TBACRD		DEAL_PREMIUMAMT		Credit
	RIGHTS ASSET GL		RGHT_INTR_VALUE		Credit
	SEC RLZD LOSS		RGHT_INTR_VALUE		Debit

Advices

No advices allowed for this event.

31.4.3.17 WRLL: Warrants Security Tear-Off Processing

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC BRIDGE GL		WARR_INTR_VALUE		Credit
	WARRS ASSET GL		WARR_INTR_VALUE		Debit

Advices

No advices allowed for this event.

31.4.3.18 WROL: Warrant Detachment from Parent Security

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC ASSET GL		WARR_INTR_VALUE		Credit
	SEC BRIDGE GL		WARR_INTR_VALUE		Debit

Advices

No advices allowed for this event.

31.4.3.19 WELL: Warrants Security Exercise Processing

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC BRIDGE GL		DEAL_DISCNT_AMT		Credit
	SEC DISC TBACRD		DEAL_DISCNT_AMT		Debit
	SEC BRIDGE GL		DEAL_NOMINALAMT		Debit
	WARRS ASSET GL		DEAL_NOMINALAMT		Credit
	SEC BRIDGE GL		DEAL_PREMIUMAMT		Debit
	SEC PREM TBACRD		DEAL_PREMIUMAMT		Credit
	RES SEC. ASSET		WARR_INTR_VALUE		Debit
	WARRS ASSET GL		WARR_INTR_VALUE		Credit

Advices

No advices allowed for this event.

31.4.3.20 WENL: Exercise of Warrants for New Equity

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC BRIDGE GL		DEAL_DISCNT_AMT		Debit
	SEC DISC TBACRD		DEAL_DISCNT_AMT		Credit
	RES SEC. ASSET		DEAL_NOMINALAMT		Debit
	SEC BRIDGE GL		DEAL_NOMINALAMT		Credit
	SEC BRIDGE GL		DEAL_PREMIUMAMT		Credit
	SEC PREM TBACRD		DEAL_PREMIUMAMT		Debit

Advices

No advices allowed for this event.

31.4.3.21 WXLL: Expiry of Un-Exercised Warrants

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC BRIDGE GL		DEAL_DISCNT_AMT		Credit
	SEC DISC TBACRD		DEAL_DISCNT_AMT		Debit
	SEC BRIDGE GL		DEAL_NOMINALAMT		Debit
	WARRS ASSET GL		DEAL_NOMINALAMT		Credit
	SEC BRIDGE GL		DEAL_PREMIUMAMT		Debit
	SEC PREM TBACRD		DEAL_PREMIUMAMT		Credit
	SEC RLZD LOSS		WARR_INTR_VALUE		Debit
	WARRS ASSET GL		WARRS ASSET GL		Credit

Advices

No advices allowed for this event.

31.4.3.22 IACR: Securities Coupon Interest Accrual

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SE_FL_INT_IC		SE_FL_INT_IAC		Credit
	SE_FL_INT_RCPY		SE_FL_INT_IAC		Debit
	SE_FL_INT_IX		SE_FL_INT_IAX		Credit
	SE_FL_INT_RAPA		SE_FL_INT_IAX		Debit
	SE_FL_INT_AJI		SE_FL_INT_JIA		Credit
	SE_FL_INT_RCPY		SE_FL_INT_JIA		Debit
	SE_FX_INT_IC		SE_FX_INT_IAC		Credit
	SE_FX_INT_RCPY		SE_FX_INT_IAC		Debit
	SE_FX_INT_IX		SE_FX_INT_IAX		Credit
	SE_FX_INT_RAPA		SE_FX_INT_IAX		Debit
	SE_FX_INT_AJI		SE_FX_INT_JIA		Credit
	SE_FX_INT_RCPY		SE_FX_INT_JIA		Debit

 

 

Given below is the sample accounting entries that will be posted if you use the alternative accounting roles for this event:

	Accounting Roles		Standard/ Alternative		Amount Tags		Standard/ Alternative		Dr./Cr. Indicator
	* Accrual of Int. Rec (RCPY) *(Intcomp_RCPY can be used)		Standard		INT­COMP_IA		Standard		Debit
	Accrual of Int. Inc - Memo		Alternative		INT­COMP_IA		Standard		Credit

Advices

No advices allowed for this event.

31.4.3.23 CPIN: Coupon Init

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC COUPON PAY		SE_FL_INT_IINI		Credit
	SEC COUPON RECV		SE_FL_INT_IINI		Debit
	SEC COUPON PAY		SE_FX_INT_IINI		Credit
	SEC COUPON RECV		SE_FX_INT_IINI		Debit

Advices

No advices allowed for this event.

31.4.3.24 CPCD: Coupon Init

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC COUPON RECV		SE_FL_INT_ICOL		Credit
	SEC SETTLEMENT		SE_FL_INT_ICOL		Debit
	SEC COUPON RECV		SE_FX_INT_ICOL		Credit
	SEC SETTLEMENT		SE_FX_INT_ICOL		Debit

Advices

No advices allowed for this event.

31.4.3.25 CPLQ: Coupon Liquidation

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC COUPON PAY		SE_FL_INT_ILIQ		Debit
	SE_FL_INT_RCPY		SE_FL_INT_ILIQ		Credit
	SEC COUPON PAY		SE_FX_INT_ILIQ		Debit
	SE_FX_INT_RCPY		SE_FX_INT_ILIQ		Credit

Given below is the sample accounting entries that will be posted if you use the alternative accounting roles for this event:

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC COUPON PAY		SE_FX_INT_ILIQ		Debit
	SE_FX_INT_RCPY		SE_FX_INT_ILIQ		Credit
	SE_FX_INT_IMEM		SE_FX_INT_TIAC		Debit
	SE_FX_INT_I		SE_FX_INT_TIAC		Credit
	SE_FX_INT_RCPY		SE_FX_INT_PUCMA		Debit
	SE_FX_INT_BOT		SE_FX_INT_PUCMA		Credit

You will need to maintain the following accounting entry set-up when a securities contract is liquidated with previous year adjustment option.

	Debit / Credit Indicator		Accounting Role		Amount Tag
	Debit		SEC COUPON PAY - Securities Cou­pon Payable GL		INTCOMP_PUCMA - Pur­chase Interest
	Credit		INTCOMP_BOT - Deal Purchase Interest		INTCOMP_PUCMA - Pur­chase Interest
	Debit		SEC COUPON PAY - Securities Cou­pon Payable GL		INTCOMP_TIAC - Interest Accrued
	Credit		INTCOMP_RCPY - Interest Receiva­ble / Payable.		INTCOMP_TIAC - Interest Accrued
	Debit		INTCOMP_IMEM - Interest Income – Memo		INTCOMP_TIAC - Interest Accrued
	Credit		INTCOMP_I - Interest Income		INTCOMP_TIAC - Interest Accrued

Note

If Interest / discount / premium has been accrued during the previous year, the entries will have the amount tags with suffix “_PY” to indicate that they are passed against the Previ­ous Year Adjustment GL. During accounting, for the amount tags with suffix “_PY”, ac­counting entries are passed against the Previous Year Adjustment GL, maintained in the Chart of Accounts.

	Accounting Role		Amount Tag		Debit / Credit Indicator
	SEC COUPON PAY - Securities Coupon Payable GL		INTCOMP_PUCMA - Coupon Amount – Interest Accrued		Debit
	INTCOMP_OFF- Purchase Inter­est Offset GL		INTCOMP_PUCMA - Coupon Amount – Interest Accrued		Credit
	SEC COUPON PAY - Securities Coupon Payable GL		INTCOMP_TIAC - Interest Accrued		Debit
	INTCOMP_RCPY - Interest Receivable / Payable		INTCOMP_TIAC - Interest Accrued		Credit
	INTCOMP_IMEM - Interest Income – Memo GL		INTCOMP_TIAC_PY - Interest Accrued (Previous Year’s contri­bution)		Debit
	INTCOMP_I - Interest Income		INTCOMP_TIAC_PY - Interest Accrued (Previous Year’s contri­bution)		Credit
	INTCOMP_IMEM - Interest Income – Memo GL		INTCOMP_TIAC_CY - Interest Accrued (Current Year’s contribu­tion)		Debit
	INTCOMP_I - Interest Income		INTCOMP_TIAC_CY - Interest Accrued (Current Year’s contribu­tion)		Credit

When Wipe Deal Purchase Interest is set to Sale, the accounting entries pertaining to Purchase Interest are as follows:

	Accounting Role and Description		Amount Tag and Description		Dr./Cr. Indicator
	SEC COUPON PAY - SE Coupon Payable GL		INTCOMP_PUCMA - Pur­chased Interest		Debit
	INTCOMP_BOT - Deal Purchase Interest		INTCOMP_PUCMA		Credit
	SEC COUPON PAY - SE Coupon Payable GL		INTCOMP_TIAC - Interest Accrued – Cum		Debit
	INTCOMP_RCPY - Interest Receiv­able / Payable		INTCOMP_TIAC		Credit
	INTCOMP_IMEM - Interest Income – Memo		INTCOMP_TIAC - Interest Accrued		Debit
	INTCOMP_I - Interest Income		INTCOMP_TIAC		Credit

Advices

Nil.

31.4.3.26 BRVL: Securities Revaluation of Positions/Deals

(For Realized Revaluation, the amount tags should be replaced with the equivalent tags for Realized Revaluation)

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	LOCOM_REVAL_EXP		LOCOM_REVAL_EXP		Debit
	LOCOM_REVAL_LBY		LOCOM_REVAL_EXP		Credit
	MTM_EXP		MTM_EXP		Debit
	MTM_LBY		MTM_EXP		Credit
	MTM_ASS		MTM_INC		Debit
	MTM_INC		MTM_INC		Credit

If you have chosen Deal level revaluation the following entries are passed:

	Accounting Role and Description		Amount Tag and Description		Debit/ Credit
	MTM_EXP - Expense GL for Revalua­tion (MTM Method)		MTM_EXP - Revaluation Expense (MTM Method).		Debit
	MTM_LBY - Liability GL for Revalua­tion (MTM Method).		MTM_EXP - Revaluation Expense (MTM Method).		Credit
	MTM_ASS - Asset GL for Revaluation (MTM Method).		MTM_INC - Revaluation Income (MTM Method).		Debit
	MTM_INC - Income GL for Revalua­tion (MTM Method).		MTM_INC - Revaluation Income (MTM Method).		Credit
	LOCOM_REVAL_EXP - Expense GL for Revaluation (LOCOM Method).		LOCOM_REVAL_EXP - Revalua­tion Expense (LOCOM Method).		Debit
	LOCOM_REVAL_LBY - Liability GL for Revaluation (LOCOM Method).		LOCOM_REVAL_EXP - Revalua­tion Expense (LOCOM Method).		Credit

Advices

No advices allowed for this event.

31.4.3.27 RRVL: Reversal of Position and Deal level Revaluation

These entries can be set up for any kind of portfolio costing method and they apply to both deal and position level revaluation.

	Accounting Role and Description		Amount Tag and Description		Debit/ Credit
	MTMINCOME		MTM_INC		Debit
	SECURITYASSET		MTM_INC		Credit

These are the entries passed during reversal of revaluation at BOD on the next working day. If the next working day happens to be the first working day of the new financial year the entries passed are:

	Accounting Role and Description		Amount Tag and Description		Debit/ Credit
	Prev year adj GL –1		MTM_INC_PY		Debit
	SECURITYASSET		MTM_INC_PY		Credit

Where Prev year adj GL –1 is the previous year adjustment GL maintained in the Chart of Accounts for the GL head MTM_INC.

31.4.3.28 YACR: Yield Accruals for all deals

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC PREM EARNED		SEC_PREM_ACCR		Debit
	SEC PREM TBACRD		SEC_PREM_ACCR		Credit
	SEC INT ADJ REC		SEC_INTADJ_ACCR		Debit
	SEC INT ADJ INC		SEC_INTADJ_ACCR		Credit
	SEC DISC TBACRD		SEC_DISC_ACCR		Debit
	SEC DISC EARNED		SEC_DISC_ACCR		Credit

Advices

No advices allowed for this event.

31.4.4 SS deal with a Customer Buy/Sell type of product

The preferences set for this product are as follows:

• Standard rate type is used for this product
• Brokerage not allowed
• Mode of money settlement is automatic
• Extension allowed
• Forward deals allowed for this product

31.4.4.1 BOOK: Booking of securities deal

Accounting Entries

If brokerage is considered for Assets, the following accounting entries are passed:

	Accounting Role		Amount Tag		Dr/Cr. Indicator
	SEC BRIDGE GL		BROK_PREM		Debit
	BROKPAY		BROK_PREM		Credit

If brokerage is considered for Liabilities, the following accounting entries are passed:

	Accounting Role		Amount Tag		Dr/Cr. Indicator
	SEC BRIDGE GL		BROK_DISC		Debit
	BROKPAY		BROK_DISC		Credit

Note

For Brokerage marked as ‘Consider as Discount’ and denominated in a brokerage curren­cy other than the contract currency, the %DISC and %PREM amount tags will be posted into the Bridge Head in the contract currency.

If a particular charge component is considered for discount for Assets, the following accounting entries are passed:

	Accounting Role		Amount Tag		Dr/Cr. Indicator
	SEC SETTLEMENT		<Charge Class>_DISC		Debit
	SEC BRIDGE GL		<Charge Class>_DISC		Credit
	SEC BRIDGE GL		<Charge Class>_PREM		Debit
	SEC SETTLEMENT		<Charge Class>_PREM		Credit

Note

For charge components marked as ‘Consider as Discount’ and denominated in a charge currency other than the contract currency, the %DISC and %PREM amount tags will be posted into the SEC BRIDGE GL head in the contract currency.

Advices

Nil.

31.4.4.2 AMND: Amendment of securities deal

Accounting Entries

Nil

Advices

No advices allowed for this product.

31.4.4.3 CANC: Cancellation of securities deal

Accounting Entries

Nil

Advices

No advices allowed for this product.

31.4.4.4 CCON: Counterparty confirmation

Accounting Entries

No accounting entries allowed for this event.

Advices

Nil.

31.4.4.5 DACF: Deliver Versus Payment Confirmation

Accounting Entries

No accounting entries allowed for this event.

Advices

Nil.

31.4.4.6 DFCF: Deliver Free Confirmation

Accounting Entries

No accounting entries allowed for this event.

Advices

Nil.

31.4.4.7 DSTL: Settlement of Securities Deal

Accounting Entries

Nil.

Advices

No advices allowed for this event.

31.4.4.8 EXTN: Extension of Deal Settlement Date

Accounting Entries

Nil.

Advices

No advices allowed for this event.

31.4.4.9 MSTL: Money Settlement of Securities Deal

Accounting Entries

	Accounting Role		Amount Tag		Dr./Cr. Indicator
	SEC BRIDGE GL		DEAL_DISCNT_AMT		Debit
	SEC SETTLEMENT		DEAL_DISCNT_AMT		Credit
	SEC BRIDGE GL		DEAL_NOMINALAMT		Credit
	SEC SETTLEMENT		DEAL_NOMINALAMT		Debit
	SEC BRIDGE GL		DEAL_PREMIUMAMT		Credit
	SEC SETTLEMENT		DEAL_PREMIUMAMT		Debit
	SEC BRIDGE GL		FWD_DEAL_LOSS		Credit
	SEC SETTLEMENT		FWD_DEAL_LOSS		Debit
	SEC BRIDGE GL		FWD_DEAL_PROFIT		Debit
	SEC SETTLEMENT		FWD_DEAL_PROFIT		Credit
	SEC BRIDGE GL		INT_GS_PUCM		Credit
	SEC SETTLEMENT		INT_GS_PUCM		Debit
	SEC SETTLEMENT		INT_GS_PUEX		Credit
	SEC BRIDGE GL		INT_GS_PUEX		Debit
	SEC BRIDGE GL		INT_IC_PUCM		Debit
	SEC SETTLEMENT		INT_IC_PUCM		Credit
	SEC SETTLEMENT		INT_IC_PUEX		Debit
	SEC BRIDGE GL		INT_IC_PUEX		Credit
	SEC SETTLEMENT		ISSUR_TAX_PUCM		Debit
	SEC BRIDGE GL		ISSUR_TAX_PUCM		Credit
	SEC SETTLEMENT		ISSUR_TAX_PUEX		Credit
	SEC BRIDGE GL		ISSUR_TAX_PUEX		Debit

Advices

Nil.

31.4.4.10 RACF: Receive Versus Payment Confirmation

Accounting Entries

No accounting entries are allowed for this event.

Advices

Nil.

31.4.4.11 RBLK: Release Block of Security Positions

Accounting Entries

Nil.

Advices

No advices allowed for this event.

31.4.4.12 REAS: Reassignment of Securities Deal

Accounting Entries

No accounting entries allowed for this event.

Advices

No advices allowed for this event.

31.4.4.13 REVR: Reversal of Securities Deal

Accounting Entries

No accounting entries allowed for this event.

Advices

Nil

31.4.4.14 RFCF: Receive Free Confirmation

Accounting Entries

No accounting entries allowed for this event.

Advices

Nil