12. Annexure - B

12.1 Suggested Accounting Entries and Advices for Islam­ic Bills

This Annexure lists the suggested accounting entries and advices that can be set up, for the Islamic Bills and Collections module of Oracle FLEXCUBE. The annexure lists details of the suggested accounting entries and advices, event-wise.

This section contains the following topics

• Section 12.1.1, "BOOK: Booking"
• Section 12.1.2, "INIT: Initiation"
• Section 12.1.3, "LIQD: Contract Liquidation"
• Section 12.1.4, "CLOS: Contract Closure"
• Section 12.1.5, "REGN: Contract Registration"
• Section 12.1.6, "BDIS: Discounting"
• Section 12.1.7, "BACP: Bill Acceptance"
• Section 12.1.8, "REVR: Reversal"
• Section 12.1.9, "All Bill Products"
• Section 12.1.10, "ACCR: Profit Accrual"
• Section 12.1.11, "REAS: Reassignment"
• Section 12.1.12, "ADIS: Approval of Discrepancies"
• Section 12.1.13, "REFA: Refusal to Accept"
• Section 12.1.14, "REFP: Refusal to Pay"
• Section 12.1.15, "TAFT: Advice of Fate"
• Section 12.1.16, "TACP: Tracer for Acceptance"
• Section 12.1.17, "TAPY: Transfer for Payment"
• Section 12.1.18, "TDIS: Tracer for approval of discrepancies"
• Section 12.1.19, "TRES: Tracer for release of reserve"
• Section 12.1.20, "All Bill Products"
• Section 12.1.21, "DNTC - Arrival of Document Notice"
• Section 12.1.22, "All Bill Products"
• Section 12.1.23, "ROLL: Rollover"
• Section 12.1.24, "Accounting Roles for transfer of Charge & Commission components from LC to BC"
• Section 12.1.25, "Collateral Bridge Accounting Role"
• Section 12.1.26, "Crystallization Linkage Event"
• Section 12.1.27, "Events for Reversal of Linked Finance before and after initiation of the finance"

12.1.1 BOOK: Booking

12.1.1.1 Incoming Payment

Operation	Stage	Clean / Doc	Sight/Usance	Bill Under LC
PAY	INI	DOC	Sight Only	Yes (mandatory)

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned.	LCY	Equivalent charge amount in LCY.
Real	Customer /Account Receivable	Dr	Customer/Charges or Fees Receivable.	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is an Account Receivable else equivalent amount of charges/fees in the Cus­tomer Account Currency.

Advices

Advice Type	Advice Description
DISCREPANCY_REQ	Discrepancies Request Letter
DOC_ARVL_NOTICE	Document Arrival Notice
ACKNOWLEDGEMENT	Acknowledgment Advice
PAYMENT_ADVICE	Payment Advice

12.1.1.2 Incoming Advance

Stage	Clean/Doc	Sight/Usance	Bill Under LC
INI	DOC	Sight Only	Yes (mandatory)

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receiva­ble	CCY	Equivalent amount of charges/fees in the charge/fee cur­rency if it is a Account Receiv­able else equivalent amount of charges/fees in Customer Account Currency

Advices

Advice type	Advice Description
DISCREPANCY_REQ	Discrepancies Request Letter
DOC_ARVL_NOTICE	Document Arrival Notice
ACKNOWLEDGEMENT	Acknowledgment Advice
PAYMENT_ADVICE	Payment Advice

12.1.1.3 Incoming Acceptance

Stage	Clean / Doc	Sight/Usance	Bill Under LC
INI	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Cus­tomer Account Currency

Advices

Advice type	Advice Description
DISCREPANCY_REQ	Discrepancies Request Letter
DOC_ARVL_NOTICE	Document Arrival Notice
ACKNOWLEDGEMENT	Acknowledgment Advice
PAYMENT_ADVICE	Payment Advice

12.1.1.4 Incoming Discount

Stage	Clean/Doc	Sight/Usance	Bill Under LC
INI	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency

Advices

Advice Type	Description
DISCREPANCY_REQ	Discrepancies Request Letter
DOC_ARVL_NOTICE	Document Arrival Notice
ACKNOWLEDGEMENT	Acknowledgment Advice
PAYMENT_ADVICE	Payment Advice

12.1.1.5 Outgoing Payment

Stage	Clean/Doc	Sight/Usance	Bill Under LC
INI	DOC	Sight only	Yes (Mandatory)

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer/Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is an Account Receivable else equivalent amount in Account Currency

Advices

Advice Type	Description
DISCREPANCY_REQ	Discrepancies Request Letter
PAYMENT_ADVICE	Payment Advice

12.1.1.6 Outgoing Purchase

Stage	Clean/Doc	Sight/Usance	Bill Under LC
INI	DOC	Sight Only	Not Under LC

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer /Account Receivable	Dr	Customer/Charges or Fees Receiva­ble.	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency.

Advices

Advice type	Advice Description
DISCREPANCY_REQ	Discrepancies Request Letter
PAYMENT_ADVICE	Payment Advice

12.1.1.7 Outgoing Negotiation

Stage	Clean/Doc	Sight/Usance	Bill Under LC
INI	DOC	Sight Only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency

Advices

Advice type	Advice Description
DISCREPANCY_REQ	Discrepancies Request Letter
PAYMENT_ADVICE	Payment Advice

12.1.1.8 Outgoing Acceptance

Stage	Clean/Doc	Sight/Usance	Bill Under LC
INI	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/ Charges or Fees Receiv­able	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Cur­rency

Advices

Advice type	Advice Description
DISCREPANCY_REQ	Discrepancies Request Letter
PAYMENT_ADVICE	Payment Advice

12.1.1.9 Outgoing Discount (Initial)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
INI	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receiva­ble	Dr	Customer/Charges or Fees Receiv­able	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency

Advices:

Advice type	Description
DISCREPANCY_REQ	Discrepancies Request Letter
PAYMENT_ADVICE	Payment Advice

12.1.1.10 Outgoing Discount (Final)

Stage	Clean/Doc	Sight/Usance	Bill under LC
FIN	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer/ Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is an Account Receivable else Equivalent amount of charges/fees in Account Currency
Real	Customer	Cr	Customer Settle­ment Account	CCY	Equivalent of the Bill amount in the Customer Account currency.
Real / Asset	GL	Dr	Bills Discounted	CCY	Bill amount in the con­tract currency.
Real / Liabil­ity	GL	Cr	Profit Collected in Advance on Dis­counted Bills.	CCY	Discounted Profit amount in the contract currency.
Real	Customer	Dr	Customer Profit Payment Account	CCY	Equivalent Discounted Profit amount in the Debit Account currency

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.2 INIT: Initiation

12.1.2.1 Incoming/Outgoing Collections

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description
Real	Income	Cr	Charges/Fees earned
Real	Customer/Account Receiv­able	Dr	Customer/Charges or Fees Receiv­able

AdvicesIncoming Advance

Advice type	Description
PAYMENT_ADVICE	Payment Advice
ACKNOWLEDGEMENT	Acknowledgment Advice
DOC_ARVL_NOTICE	Document Arrival Advice
ACKNOWLEDGEMENT	Acknowledgment Advice
REMITTANCE_LTR	Remittance Letter

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Sight only	Yes (mandatory)

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer/Account Receiv­able	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee cur­rency if it is a Account Receivable else Equivalent amount of charges/fees in Customer Account Currency
Real	GL	Dr	Advance under LCs	CCY	Bill amount being advanced under the LC in the contract currency.
Real	Nostro / Vostro	Cr	Nostro / Vostro Account of Settle­ment	CCY	Equivalent amount of the Bill amount being advanced in the Nostro / Vostro Account Currency.
Con­tin­gent Liabil­ity	GL	Dr	LCs OCU Account	CCY	LC OCU decrement entry in the contract currency.
Con­tin­gent Offset	GL	Cr	GL Contingent Offset Account	CCY	LC OCU decrement offset entry in the contract currency.
Real	GL / Customer	Cr	Cash Collateral Account for Bills paid as Advance under LCs	CCY	User input Cash Col­lateral Amount in the Cash Collateral Cur­rency.
Real	Customer	Dr	Cash Collateral payment Account	CCY	Equivalent User input Cash Collateral Amount in the Cash Collateral Currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice
RESERVE_RELEASE	Release of Reserve Advice
DOC_ARVL_NOTICE	Document Arrival Notice
ACKNOWLEDGEMENT	Acknowledgment Advice
PAYMENT_ADVICE	Payment Advice

12.1.2.2 Incoming Acceptance (Documentary)

Stage	Clean / Doc	Sight/Usance	Under LC
FIN	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer /Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else Equivalent amount of charges/fees in Customer Account Currency
Real / Con­tin­gent	GL	Dr	CLFA Account	CCY	Bill amount in the contract currency.
Real / Con­tin­gent	GL	Cr	CLFA Offset Account	CCY	Bill amount in the contract currency.
Real	GL / Cus­tomer	Cr	Cash Collateral Account for Bills accepted under LCs	CCY	User input Cash Collateral Amount in the Cash Col­lateral Currency.
Real	Customer	Dr	Cash Collateral payment Account	CCY	Equivalent User input Cash Collateral Amount in the Cash Collateral Cur­rency.

Advices

Advice type	Advice Description
RESERVE_RELEASE	Release of Reserve Advice
DOC_ARVL_NOTICE	Document Arrival Notice
PAYMENT_ADVICE	Payment Advice
ACKNOWLEDGEMENT	Acknowledgment Advice

12.1.2.3 Incoming Discount (Documentary)

Stage	Clean/Doc	Sight/Usance	Bill under LC
FIN	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receiva­ble	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real	Nostro / Vostro	Cr	Nostro / Vostro Settlement Account	CCY	Equivalent Bill amount in the currency of the Nos­tro / Vostro Account cur­rency.
Real / Asset	GL	Dr	Bills Discounted	CCY	Bill amount in the con­tract currency.
Real / Liabil­ity	GL	Cr	Profit Collected in Advance on Dis­counted Bills.	CCY	Discounted Profit amount in the contract currency.
Real	Customer	Dr	Customer Profit Payment Account	CCY	Equivalent Discounted Profit amount in the Cus­tomer account currency

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice
RESERVE_RELEASE	Release of Reserve Advice
DOC_ARVL_NOTICE	Document Arrival Notice
ACKNOWLEDGEMENT	Acknowledgment Advice

12.1.2.4 Incoming Discount (Clean)

Stage	Clean/Doc	Sight/Usance	Bill under LC
FIN	CLE	Usance only	Not Applicable

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real	Nostro /Vostro	Cr	Nostro / Vostro Settlement Account	CCY	Equivalent Bill amount in the currency of the Nostro / Vostro Account currency.
Real / Asset	GL	Dr	Bills Discounted	CCY	Bill amount in the contract currency.
Real / Liabil­ity	GL	Cr	Profit Collected in Advance on Dis­counted Bills.	CCY	Discounted Profit amount in the contract currency.
Real	Customer	Dr	Customer Profit Payment Account	CCY	Equivalent Discounted Profit amount in the Cus­tomer account currency

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice
DOC_ARVL_NOTICE	Document Arrival Notice
ACKNOWLEDGEMENT	Acknowledgment Advice

12.1.2.5 Outgoing Payment

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Sight only	Yes (Mandatory)

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer / Charges or Fees Receiva­ble	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real	Nostro / Vostro	Dr	Nostro / Vostro Settlement Account	CCY	Equivalent Bill amount in the currency of the Nostro / Vostro Account currency.
Real	Customer	Cr	Customer Account	CCY	Equivalent amount of the Bill amount being paid in the Cus­tomer Account Currency.
Con­tin­gent Lia­bility	GL	Dr	Customer OCU Account	CCY	LC OCU decrement entry in the contract currency. This entry will be passed only if the Bill is under an LC confirmed by the Bank.
Con­tin­gent Off­set	GL	Cr	GL Contingent Offset Account	CCY	LC OCU decrement offset entry in the contract cur­rency. This entry will be passed only if the Bill is under an LC confirmed by the Bank.

Advices

Advice type	Advice Description
RESERVE_RELEASE	Release of Reserve Advice
REMITTANCE_LTR	Remittance Letter
PAYMENT_ADVICE	Payment Advice

12.1.2.6 Outgoing Purchase (Documentary)

Stage	Clean/Doc	Sight/Usance	Under LC
FIN	DOC	Sight only	No

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer/ Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real	GL Asset	Dr	Outgoing Bills pur­chased	CCY	Bill Amount in Contract currency.
Real	Customer	Cr	Customer Account	CCY	Equivalent amount of the Bill amount being paid in the Customer Account Currency.
Real	GL Liability	Cr	Profit collected in advance on Out­going Bills Pur­chased	CCY	Equivalent Profit amount for the BC contracts in LCY.
Real	Customer	Dr	Customer Account	CCY	Equivalent Profit amount in the Customer Account Currency.

Advices

Advice type	Advice Description
RESERVE_RELEASE	Release of Reserve Advice
REMITTANCE_LTR	Remittance Letter

12.1.2.7 Outgoing Purchase (Clean)

Stage	Clean/Doc	Sight/Usance	Bill Under LC
FIN	CLE	Sight only	Not Applicable

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is an Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real	GL Asset	Dr	Outgoing Bills purchased	CCY	Bill Amount in Contract cur­rency.
Real	Customer	Cr	Customer Account	CCY	Equivalent amount of the Bill amount being paid in the Customer Account Currency.
Real	GL Liability	Cr	Profit collected in advance on Out­going Bills Pur­chased	CCY	Equivalent Profit amount for the BC contracts in LCY.
Real	Customer	Dr	Customer Account	CCY	Equivalent Profit amount in the Customer Account Cur­rency.

Advices

Advice type	Advice Description
REMITTANCE_LTR	Remittance Letter
PAYMENT_ADVICE	Payment Advice

12.1.2.8 Outgoing Negotiation (Documentary)

Stage	Clean/Doc	Sight/Usance	Bill Under LC
FIN	DOC	Sight only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receiv­able	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real / Asset	GL	Dr	Customer’s Outgoing Bills Negotiated	CCY	Bill amount in the contract currency.
Real	Customer	Cr	Customer Account	CCY	Equivalent amount of the Bill amount being negotiated in the Customer Account Cur­rency.
Real / Liability	GL	Cr	Profit Col­lected in Advance on Outgoing Bills Negotiated	CCY	Equivalent amount of the Profit collected in advance in the accrual currency.
Real	Customer	Dr	Customer Profit Pay­ment Account	CCY	Equivalent amount of Profit collected in advance in the Customer Account currency.

Advices

Advice type	Advice Description
RESERVE_RELEASE	Release of Reserve Advice
REMITTANCE_LTR	Remittance Letter
PAYMENT_ADVICE	Payment Advice

12.1.2.9 Outgoing Negotiation (Clean)

Stage	Clean/Doc	Sight/Usance	Bill Under LC
FIN	CLE	Sight only	Not Applicable

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:Advices

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer/ Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receiv­able else equivalent amount of charges/fees in Customer Account Currency
Real / Asset	GL	Dr	Outgoing Bills Nego­tiated	CCY	Bill amount in the con­tract currency.
Real	Customer	Cr	Customer Account	CCY	Equivalent amount of the Bill amount being negotiated in the Cus­tomer Account Cur­rency.
Real / Liabil­ity	GL	Cr	Profit Collected in Advance on Outgo­ing Bills Negotiated	CCY	Equivalent amount of the Profit collected in advance in the accrual currency.
Real	Customer	Dr	Customer Profit Pay­ment Account	CCY	Equivalent amount of Profit collected in advance in the Account currency.

Advice type	Advice Description
REMITTANCE_LTR	Remittance Letter
PAYMENT_ADVICE	Payment Advice

12.1.2.10 Outgoing Acceptance (Documentary)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Cus­tomer /Account Receiva­ble	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receiv­able else equivalent amount of charges/fees in Customer Account Currency
Real / Contin­gent Asset	GL	Dr	Bills CLFA Account	CCY	Bill amount in the con­tract currency.
Real / Contin­gent Off­set	GL	Cr	CLFA Offset Account	CCY	Bill amount in the con­tract currency.
Contin­gent Lia­bility	GL	Dr	LCs OCU Account	CCY	If the Bill is under an LC and if the export LC has been con­firmed by the Bank, then the LC OCU entries will be reversed to the extent of Bill availment.
Contin­gent Off­set	GL	Cr	Contingent Off­set Account	CCY	If the Bill is under an LC and if the export LC has been con­firmed by the Bank, then the LC OCU entries will be reversed to the extent of Bill availment.
Real & Asset	GL	Dr	Bills Accept­ances Cash Col­lateral Account	CCY	If a Cash Collateral Amount has been entered during the contract input, then the Cash Collateral entries will be passed.
Real	Customer	Cr	Customer Cash Collateral pay­ment account.	CCY	If a Cash Collateral Amount has been entered during the contract input, then the Cash Collateral entries will be passed.

Advices

Advice type	Advice Description
RESERVE_RELEASE	Release of Reserve Advice
REMITTANCE_LTR	Remittance Letter
PAYMENT_ADVICE	Payment Advice

12.1.2.11 Outgoing Acceptance (Clean)

Stage	Clean/Doc	Sight/Usance	Bill Under LC
FIN	CLE	Usance only	Not applicable

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivae amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receiv­able else equivalent amount of charges/fees in Customer Account Currency
Real / Con­tin­gent Asset	GL	Dr	Bills CLFA Account	CCY	Bill amount in the con­tract currency.
Real / Con­tin­gent Offset	GL	Cr	CLFA Offset Account	CCY	Bill amount in the con­tract currency.
Real & Asset	GL	Cr	Bills Acceptances Cash Collateral Account	CCY	If a Cash Collateral Amount has been entered during the contract input, then the Cash Collateral entries will be passed.
Real	Customer	Dr	Customer Cash Collateral pay­ment account.	CCY	If a Cash Collateral Amount has been entered during the contract input, then the Cash Collateral entries will be passed.

Advices

Advice type	Advice Description
REMITTANCE_LTR	Remittance Letter
PAYMENT_ADVICE	Payment Advice

12.1.2.12 Outgoing Discount

Stage	Clean / Doc	Sight/Usance	Bill under LC
FIN	DOC	Usance only	Not Applicable

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receiva­ble	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Cus­tomer Account Cur­rency
Real	Customer	Cr	Customer Settle­ment Account	CCY	Bill amount in the Cus­tomer Account cur­rency.
Real / Asset	GL	Dr	Bills Discounted	CCY	Bill amount in the con­tract currency.
Real / Liabil­ity	GL	Cr	Profit Collected in Advance on Dis­counted Bills.	CCY	Discounted Profit amount in the contract currency.
Real	Customer	Dr	Customer Profit Payment Account	CCY	Equivalent Discounted Profit amount in the Customer account cur­rency

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3 LIQD: Contract Liquidation

12.1.3.1 Incoming Collection

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	CLE	Sight/Usance	Not applicable
FIN	DOC	Sight/Usance	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer/ Account Receiva­ble	Dr	Customer/Charges or Fees Receiva­ble	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real	Nostro / Vostro	Cr	Nostro / Vostro Account of Set­tlement	CCY	Equivalent amount of principal being liquidated in the cur­rency of the Nostro / Vostro Account.
Real	Customer/ Account Receiva­ble	Dr	Customer/Account Receivable	CCY	Equivalent amount of principal being liquidated in the con­tract currency if it is a Account Receivable else equivalent amount of principal being liq­uidated in the Customer Account Currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.2 Incoming Payment (Final)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Sight only	Yes (mandatory)

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receiva­ble	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real	Nostro / Vostro	Cr	Nostro / Vostro Account of Set­tlement	CCY	Equivalent amount of Bill amount being paid in the currency of the Nostro / Vostro Account.
Real	Customer	Dr	Customer Account	CCY	Equivalent amount of the Bill amount being paid in the Customer Account Cur­rency.

If contingent entries were defined for the event

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Contingent Liability	GL	Dr	LC OCU Account	CCY	LC OCU decrement entry in the contract currency.
Contingent Offset	GL	Cr	Contingent Offset Account	CCY	LC OCU decrement offset entry in the contract currency.

Advices:

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.3 Incoming Advance

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Sight only	Yes (mandatory)

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receiva­ble	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real	GL	Cr	Advance under LCs	CCY	Bill amount that was advanced under the LC in the contract currency.
Real	Customer	Dr	Customer Pay­ment Account	CCY	Equivalent amount of the Bill amount being that was advanced, in the Customer Account Currency.
Real	GL	Cr	Profit Earned Not Collected	CCY	Profit for Bill in the Accrual Currency of the BC contract.
Real	Customer	Dr	Customer Profit Payment Account	CCY	Equivalent amount of Profit in the Customer Account Currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Debit Advice

12.1.3.4 Incoming Acceptance (Documentary)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer/ Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real / Con­tin­gent	GL	Cr	CLFA Account	CCY	Bill amount in the contract currency.
Real / Con­tin­gent	GL	Dr	CLFA Offset Account	CCY	Bill amount in the contract currency.
Real	Nostro / Vostro	Cr	Nostro / Vostro Settlement Account	CCY	Equivalent Bill amount in the currency of the Nostro / Vostro Account currency.
Real	Customer	Dr	Customer Pay­ment Account	CCY	Equivalent Bill amount in the Customer account cur­rency

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.5 Incoming Acceptance (Clean)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	CLE	Usance only	Not applicable

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer/ Account Receiva­ble	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is an Account Receivable else equivalent amount of charges/fees in Customer Account Currency.
Real / Con­tin­gent	GL	Cr	CLFA Account	CCY	Bill amount in the contract currency.
Real / Con­tin­gent	GL	Dr	CLFA Offset Account	CCY	Bill amount in the contract currency.
Real	Nostro / Vostro	Cr	Nostro / Vostro Settlement Account	CCY	Equivalent Bill amount in the currency of the Nostro / Vostro Account currency.
Real	Customer	Dr	Customer Pay­ment Account	CCY	Equivalent Bill amount in the Customer account currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.6 Incoming Discount (Documentary)

Stage	Clean / Doc	Sight/Usance	Under Our LC
FIN	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real / Asset	GL	Cr	Bills Discounted	CCY	Bill amount in the contract currency.
Real	Customer	Dr	Customer Pay­ment Account	CCY	Equivalent Bill amount in the Customer account currency

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.7 Incoming Discount (Clean)

Stage	Clean/Doc	Sight/Usance	Under Our LC
FIN	CLE	Usance only	Not Applicable

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receiva­ble	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real / Asset	GL	Cr	Bills Dis­counted	CCY	Bill amount in the contract currency.
Real	Customer	Dr	Customer Pay­ment Account	CCY	Equivalent Bill amount in the Customer account cur­rency

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.8 Outgoing Collection (Final)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	CLE	Sight/Usance	Not applicable
FIN	DOC	Sight/Usance	Optional

Accounting Entries:

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real	Nostro / Vostro	Dr	Nostro / Vostro Account of Set­tlement	CCY	Equivalent amount of princi­pal being liquidated in the currency of the Nostro/Vostro Account.
Real	Customer / Account Payable	Cr	Customer/Account Payable	CCY	Equivalent amount of princi­pal being liquidated in the contract currency if it is Account Payable else equivalent amount of princi­pal being liquidated in the Debit Account Currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.9 Outgoing Payment

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Sight only	Yes (Mandatory)

Accounting Entries (If contingent entries are defined for the event)

GL Type	A/C Type	Dr/Cr	Account Description	Amount
Contingent Asset	GL	Cr	Outgoing Bills under LCs paid	Bill amount in the con­tract currency.
Contingent Offset	GL	Dr	Outgoing Bills under LC’S paid Offset Account	Bill amount in the con­tract currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.10 Outgoing Purchase (Documentary)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Sight only	No

Accounting Entries

GL Type	A/C Type	Dr/Cr	Account Description	Amount
Real	GL Asset	Cr	Outgoing Bills pur­chased	Bill Amount in Contract currency.
Real	Nostro / Vostro	Dr	Nostro / Vostro Account of Settle­ment	Equivalent amount of the Bill amount being paid in the Nostro / Vostro Settlement Account Cur­rency.

Advices

None

12.1.3.11 Outgoing Purchase (Clean)

Stage	Clean/Doc	Sight/Usance	Bill Under LC
FIN	CLE	Sight only	Not Applicable

Accounting Entries

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	GL Asset	Cr	Outgoing Bills pur­chased	CCY	Bill Amount in Contract cur­rency.
Real	Nostro / Vostro	Dr	Nostro / Vostro Account of Settle­ment	CCY	Equivalent amount of the Bill amount being paid in the Nos­tro / Vostro Settlement Account Currency.

Advices

None

12.1.3.12 Outgoing Negotiation (Documentary)

Stage	Clean/Doc	Sight/Usance	Bill Under LC
FIN	DOC	Sight only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real / Asset	GL	Cr	Outgoing Bills Negotiated	CCY	Bill amount in the contract currency.
Real	Nostro / Vostro	Dr	Nostro / Vostro Settlement Account	CCY	Equivalent amount of the Bill amount in the Nostro / Vostro Account Currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.13 Outgoing Negotiation (Clean)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	CLE	Sight only	Not Applicable

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real / Asset	GL	Cr	Outgoing Bills Negotiated	CCY	Bill amount in the contract currency.
Real	Nostro /Vostro	Dr	Nostro/Vostro Settlement Account	CCY	Equivalent amount of the Bill amount in the Nostro/Vostro Account Currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.14 Outgoing Acceptance (Documentary)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer/Account Receivable	Dr	Customer/Charges or Fees Receiva­ble	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receiva­ble else equivalent amount of charges/fees in Customer Account Currency
Real / Con­tingent	GL	Cr	CLFA Account	CCY	Bill amount in the con­tract currency.
Real / Con­tingent	GL	Dr	CLFA Offset Account	CCY	Bill amount in the con­tract currency.
Real	Nostro / Vostro	Dr	Nostro / Vostro Settlement Account	CCY	Equivalent Bill amount in the currency of the Nostro / Vostro Account currency.
Real	Customer	Cr	Customer Set­tlement Account	CCY	Equivalent Bill amount in the Customer Settle­ment currency

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.15 Outgoing Acceptance (Clean)

Stage	Clean/Doc	Sight/Usance	Bill Under LC
FIN	CLE	Usance only	Not Applicable

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/ Charges or Fees Receiva­ble	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real / Con­tingent	GL	Cr	CLFA Account	CCY	Bill amount in the contract currency.
Real / Con­tingent	GL	Dr	CLFA Offset Account	CCY	Bill amount in the contract currency.
Real	Nostro / Vostro	Dr	Nostro / Vostro Settlement Account	CCY	Equivalent Bill amount in the currency of the Nostro / Vostro Account currency.
Real	Customer	Cr	Customer Set­tlement Account	CCY	Equivalent Bill amount in the Customer Settlement account currency

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.16 Outgoing Discount (Documentary)

Stage	Clean / Doc	Sight/Usance	Under Our LC
FIN	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receiva­ble	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real / Asset	GL	Cr	Bills Dis­counted	CCY	Bill amount in the contract currency.
Real	Nostro / Vostro	Dr	Nostro / Vostro Settlement Account	CCY	Equivalent Bill amount in the currency of the Nostro / Vostro Account currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.17 Outgoing Discount (Clean)

Stage	Clean / Doc	Sight/Usance	Under Our LC
FIN	CLE	Usance only	Not Applicable

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real / Asset	GL	Cr	Bills Discounted	CCY	Bill amount in the contract currency.
Real	Nostro / Vostro	Dr	Nostro / Vostro Settlement Account	CCY	Equivalent Bill amount in the currency of the Nostro / Vostro Account currency.

Advices:

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.3.18 Collateral Accounting on Bill Liquidation

The following amount tags are provided for collateral liquidation as a part of Bill liquidation:

Amount Tag	Description
COLL_LIQ_AMT	Collateral Liquidation Amount
COLL_LIQ_AMT_EQ	Collateral Liquidation Amount

The related Accounting Roles are as follows:

Dr/Cr	Accounting role	Amount tag
Dr	BILL COLLATERAL	COLL_LIQ_AMT
Cr	Nostro Account	COLL_LIQ_AMTEQ

12.1.4 CLOS: Contract Closure

12.1.4.1 Incoming Payment

Stage	Clean / Doc	Sight/Usance	Bill Under LC
INI	DOC	Sight Only	Yes (mandatory)

Accounting Entries

None

Advices

None

12.1.4.2 Incoming Acceptance (Initial)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
INI	DOC	Usance only	Optional

Accounting Entries

None

Advices

None

12.1.4.3 Incoming Acceptance (Final)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Usance only	Optional

Accounting Entries

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real / Contin­gent	GL	Cr	CLFA Account	CCY	Bill amount in the con­tract currency.
Real / Contin­gent	GL	Dr	CLFA Offset Account	CCY	Bill amount in the con­tract currency.

Advices

None

12.1.4.4 Incoming Acceptance

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	CLE	Usance only	Not Applicable

Accounting Entries

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real / Contin­gent	GL	Cr	CLFA Account	CCY	Bill amount in the con­tract currency.
Real / Contin­gent	GL	Dr	CLFA Offset Account	CCY	Bill amount in the con­tract currency.

Advices

None

12.1.4.5 Outgoing Acceptance (Documentary)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receiva­ble else equivalent amount of charges/fees in Customer Account Currency
Real/Cont. Asset	GL	Cr	Bills CLFA Account	CCY	Bill amount in the con­tract currency.
Real/Cont. Offset	GL	Dr	CLFA Offset Account	CCY	Bill amount in the con­tract currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.4.6 Outgoing Acceptance (Clean)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	CLE	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receiva­ble	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Account Currency
Real / Con­tin­gent Asset	GL	Cr	Bills CLFA Account	CCY	Bill amount in the contract currency.
Real / Con­tin­gent Offset	GL	Dr	CLFA Offset Account	CCY	Bill amount in the contract currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.5 REGN: Contract Registration

12.1.5.1 Incoming / Outgoing Collection

Stage	Clean/Doc	Sight/Usance	Bill Under LC
REG (Incoming)	CLE	Sight/Usance	Not applicable
REG (Incoming)	DOC	Sight/Usance	Optional
REG (Outgoing)	CLE	Sight/Usance	Not applicable
REG (Outgoing)	DOC	Sight/Usance	Optional

Accounting Entries

None

Advices

None

12.1.6 BDIS: Discounting

12.1.6.1 Incoming Acceptance to Discount (Documentary)

Stage	Clean/Doc	Sight/Usance	Bill Under LC
FIN	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer/Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Cus­tomer Account Cur­rency
Real	Customer	Cr	Customer Account	CCY	Equivalent Bill amount in the cur­rency of the Nostro / Vostro Account cur­rency.
Real / Asset	GL	Dr	Bill Accept­ances Dis­counted	CCY	Bill amount in the contract currency.
Real / Liabil­ity	GL	Cr	Profit Collected in Advance on Discounted Bills.	CCY	Discounted Profit amount in the con­tract currency.
Real	Customer	Dr	Customer Profit Payment Account	CCY	Equivalent Dis­counted Profit amount in the Cus­tomer account cur­rency
Real / Con­tingent	GL	Cr	CLFA Account	CCY	Bill amount in the contract currency.
Real/ Con­tingent	GL	Dr	CLFA Offset Account	CCY	Bill amount in the contract currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.6.2 Incoming Acceptance to Discount (Clean)

Stage	Clean/Doc	Sight/Usance	Bill Under LC
FIN	CLE	Usance only	Not Applicable

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receiva­ble	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Customer Account Currency
Real	Customer	Cr	Customer Account	CCY	Equivalent Bill amount in the currency of the Nostro / Vostro Account currency.
Real / Asset	GL	Dr	Bill Accept­ances Dis­counted	CCY	Bill amount in the contract currency.
Real / Lia­bility	GL	Cr	Profit Collected in Advance on Discounted Bills.	CCY	Discounted Profit amount in the contract currency.
Real	Customer	Dr	Customer Profit Payment Account	CCY	Equivalent Discounted Profit amount in the Cus­tomer account currency
Real / Con­tin­gent	GL	Cr	CLFA Account	CCY	Bill amount in the contract currency.
Real / Con­tin­gent	GL	Dr	CLFA Offset Account	CCY	Bill amount in the contract currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.6.3 Outgoing Acceptance to Discount (Documentary)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Customer / Account Receivable	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receivable else equivalent amount of charges/fees in Cus­tomer Account Currency
Real	Customer	Cr	Customer Settle­ment Account	CCY	Bill amount in the con­tract currency.
Real / Asset	GL	Dr	Bill Acceptances Discounted	CCY	Bill amount in the con­tract currency.
Real / Liabil­ity	GL	Cr	Profit Collected in Advance on Dis­counted Bills.	CCY	Discounted Profit amount in the contract currency.
Real	Customer	Dr	Customer Profit Payment Account	CCY	Equivalent Discounted Profit amount in the Cus­tomer account currency
Real / Con­tin­gent	GL	Cr	Bills CLFA Account	CCY	Bill amount in the con­tract currency.
Real / Con­tin­gent	GL	Dr	CLFA Offset Account	CCY	Bill amount in the con­tract currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.6.4 Outgoing Acceptance to Discount (Clean)

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	CLE	Usance only	Optional

Accounting Entries

If any charges/fees are applicable, then the following accounting entries will be passed for each of the charges/fees:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges/Fees earned	LCY	Equivalent charge amount in LCY
Real	Cus­tomer/ Account Receiva­ble	Dr	Customer/Charges or Fees Receivable	CCY	Equivalent amount of charges/fees in the charge/fee currency if it is a Account Receiv­able else equivalent amount of charges/fees in Customer Account Currency
Real	Customer	Cr	Customer Account	CCY	Equivalent Bill amount in the Customer Account currency.
Real / Asset	GL	Dr	Bill Acceptances Discounted	CCY	Bill amount in the con­tract currency.
Real / Liabil­ity	GL	Cr	Profit Collected in Advance on Discounted Bills.	CCY	Discounted Profit amount in the contract currency.
Real	Customer	Dr	Customer Profit Payment Account	CCY	Equivalent Discounted Profit amount in the Customer account cur­rency
Real / Con­tingent	GL	Cr	CLFA Account	CCY	Bill amount in the con­tract currency.
Real/Con­tingent	GL	Dr	CLFA Offset Account	CCY	Bill amount in the con­tract currency.

Advices

Advice type	Advice Description
PAYMENT_ADVICE	Payment Advice

12.1.7 BACP: Bill Acceptance

Bill Type	Operation	Stage	Clean / Doc	Sight/Usance	Under Our LC
*	*	*	*	Usance only	*

* All types of BC Products applicable

Accounting Entries

None

Advices

Bill Type	Advice type	Advice Description
OUT	ACCEPTANCE_ADV	Advice of Acceptance
INC	ACCEPTANCE_ADV	Advice of Acceptance

12.1.8 REVR: Reversal

12.1.9 All Bill Products

Bill Type	Operation	Stage	Clean / Doc	Sight/Usance	Under Our LC
*	*	*	*	*	*

All types of BC Products

Accounting Entries

All the Accounting Entries that were passed during the life cycle of the BC Contract will be reversed out.

Advices

None

12.1.10 ACCR: Profit Accrual

12.1.10.1 All Bill Products

Bill Type	Operation	Stage	Clean / Doc	Sight/Usance	Under Our LC
*	*	*	*	*	*

* All types of BC Products for which profit is applicable

Profit Accruals will be done during initiation of a BC Contract as well as by the EOC Automatic Profit Accrual Function. During Contract initiation, if profit is applicable for the product and if the profit start date is less than the today’s system date, then profit accruals till yesterday will be done. The normal profit accruals will be done by the EOC automatic profit accrual function.

Accounting Entries

If the Profit on the Bill is collected in arrears, then the following profit accrual entries will be passed:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	GL - Income	Cr	Profit earned	LCY	Equivalent profit accrual amount in LCY
Real	GL Asset/IENC	Dr/Cr	Profit Earned Not Collected	CCY	Equivalent profit accrual amount in the accrual currency

If the Profit on the Bill is collected in advance, then the following profit accrual entries will be passed:

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	GL	Cr	Profit earned	LCY	Equivalent profit accrual amount in LCY.
Real	GL Liability/UI	Dr	Unearned Profit / Profit collected in advance	CCY	Equivalent Bill amount in the accrual currency.

Advices

None

12.1.11 REAS: Reassignment

12.1.11.1 All BC Products

Bill Type	Operation	Stage	Clean/Doc	Sight/Usance	Under Our LC
*	*	*	*	*	*

* All types of BC products

Accounting Entries

None

Advices

None

12.1.12 ADIS: Approval of Discrepancies

12.1.12.1 All Bill Products

Bill Type	Operation	Stage	Clean/Doc	Sight/Usance	Under Our LC
*	*	*	*	*	*

* All types of BC Products applicable

Accounting Entries

None

Advices

Bill Type	Advice type	Advice Description
OUT	RESERVE_RELEASE	Advice of Discharge
INC	RESERVE_RELEASE	Advice of Discharge

12.1.13 REFA: Refusal to Accept

12.1.13.1 All Bill Products

Bill Type	Operation	Stage	Clean / Doc	Sight/Usance	Under Our LC
*	*	*	*	Usance only	*

* Al types of BC Products applicable

Accounting Entries

None

Advices

Bill Type	Advice type	Advice Description
OUT	ACCEPT_REFUSAL	Advice of Refusal
INC	ACCEPT_REFUSAL	Advice of Refusal

12.1.14 REFP: Refusal to Pay

12.1.14.1 All Bill Products

Bill Type	Operation	Stage	Clean / Doc	Sight/Usance	Under Our LC
*	*	*	*	*	*

* All types of BC Products applicable

Accounting Entries

None

Advices

Bill Type	Advice type	Advice Description
OUT	PAYMENT_REFUSAL	Advice of Refusal
INC	PAYMENT_REFUSAL	Advice of Refusal

12.1.15 TAFT: Advice of Fate

12.1.15.1 All Bill Products

Bill Type	Operation	Stage	Clean / Doc	Sight/Usance	Under Our LC
*	*	*	*	*	*

* Al types of BC Products applicable

Accounting Entries

None

Advices

Bill Type	Advice type	Advice Description	Recipient
OUT	PRINCIPAL_FATE	Advice of Fate and Request for Instructions	Drawer
INC	PRINCIPAL_FATE	Advice of Fate and Request for Instructions	Remitting / Collecting Bank

12.1.16 TACP: Tracer for Acceptance

12.1.16.1 All Bill Products

Bill Type	Operation	Stage	Clean/Doc	Sight/Usance	Under Our LC
*	*	*	*	Usance only	*

* All types of BC Products applicable

Accounting Entries

None

Advices

Bill Type	Advice type	Advice Description
INC	ACCEPTANCE_TRCR	Tracer for Acceptance
OUT	ACCEPTANCE_TRCR	Tracer for Acceptance

12.1.17 TAPY: Transfer for Payment

12.1.17.1 All Bill Products

Bill Type	Operation	Stage	Clean / Doc	Sight/Usance	Under Our LC
*	*	*	*	*	*

* All type of BC Products applicable

Accounting Entries

None

Advices

Bill Type	Advice type	Advice Description
INC	PAYMENT_TRCR	Tracer for Payment
OUT	PAYMENT_TRCR	Tracer for Payment

12.1.18 TDIS: Tracer for approval of discrepancies

12.1.18.1 All Bill Products

Operation	Stage	Clean/Doc	Sight/Usance	Under Our LC
*	*	*	*	*

* Al types of BC Products applicable

Accounting Entries

None

Advices

Bill Type	Advice type	Advice Description
INC	DISCAPPRVL_TRCR	Tracer for Approval of Discrepancies

12.1.19 TRES: Tracer for release of reserve

12.1.20 All Bill Products

Operation	Stage	Clean / Doc	Sight/Usance	Under Our LC
*	*	*	*	*

* All types of BC Products applicable

Accounting Entries

None

Advices

Bill Type	Advice type	Advice Description
OUT	REL_OF_RES_TRCR	Tracer for Release of Reserve

12.1.21 DNTC - Arrival of Document Notice

12.1.22 All Bill Products

Operation	Stage	Clean / Doc	Sight/Usance	Under LC
*	*	*	*	*

* All types of BC Products applicable

Accounting Entries

None

Advices

Advice type	Advice Description
DOC_ARVL_NOTICE	Document Arrival Notice

12.1.23 ROLL: Rollover

Accounting Entries

Event	Accounting Role	Amount Tag	Dr./Cr. Indicator
ROLL	ROLL_BRIDGE_GL	PRINCIPAL_ROLL	Debit
ROLL	ADV UNDER LCS	PRINCIPAL_ROLL	Credit
INIT	ADV UNDER LCS	PRINCIPAL_ROIN	Debit
INIT	ROLL_BRIDGE_GL	PRINCIPAL_ROIN	Credit
INIT	LC_BC_COLL_BRIDGE	CASH_COLL_AMT	Debit
INIT	BILL COLLATERAL	CASH_COLL_AMTEQ	Credit

Amount Tags

Amount Tag	Description
PRINCIPAL_ROLL	Rollover Amount
PRINCIPAL_ROIN	Principal Amount

12.1.24 Accounting Roles for transfer of Charge & Commission components from LC to BC

Here, LC_COMM component and LC_CHG component are defined in the LC product where the Collect LC Commission in Bills option is checked.

Sl No	Accounting Role	Description
1.	LC_CHG_COMP_RECV	LC Charges Receivable
2.	LC_COMM_COMPRECV	LC Commission Receivable.
3.	BC_LC__CHG_COMP_RECV	BC Charges Receivable from LC
4.	BC_LC_COMM_COMPRECV	BC Commission Receivable from BC

12.1.24.1 Accounting Definition for Charges / Commission as a part of Bills

The following accounting roles are maintained in the INIT, LIQD and AMND events of Bills.

Accounting Roles

Accounting role	Description
LC_CHG_COMP_RECV	LC Charges Receivable
LC_COMM_COMPRECV	LC Commission Receivable
BC_LC_CHG__COMP_RECV	Bills Charges Receivable
BC_LC_COMM_COMPRECV	Bills Commission Receivable

The LC_CHG_COMP_RECV and LC_COMM_COMPRECV roles defined as a part of the Bills product are mapped onto the GL’s same as the ones mapped in the LC product. This is operationally controlled and the system does not ensure the same.

The BC_LC_CHG_COMP_RECV and BC_LC_COMM_COMPRECV roles defined as a part of the Bills product are mapped to the BILLS receivable GL .This is used to transfer the amount from LC receivable GL to BILLS receivable GL.

Amount Tags

The amount tags for the receivable charge and receivable commission propagated from LC to Bills are as follows:

Amount Tag	Description
LC_CHG_TFR	LC Charge being transferred.
LC_COMM_TFR	LC Commission being transferred.
LC_CHG_TFR_LIQD	LC transferred Charge being liquidated.
LC_COMM_TFR_LIQD	LC transferred Commission being liqui­dated

Accounting Entries

The accounting entries as a part of the Bill initiation/Liquidation/Amendment with regards to the commission an charges transferred from the LC are as follows:

Dr/Cr	Accounting role	Amount tag propagated from LC
Dr	BC_LC_COMM_COM­PRECV	LC_COMM_TFR
Cr	LC_COMM_COMPRECV	LC_COMM_TFR
Dr	BC_LC_CHG_COMP_RECV	LC_CHG_TFR
Cr	LC_CHG_COMP_RECV	LC_CHG_TFR

These accounting entries may not be maintained as part of either of the events where the system does not pass any accounting with regards to transfer of charge onto Bills.

12.1.25 Collateral Bridge Accounting Role

Accounting role	Description
LC_BC_COL­L_BRIDGE	Collateral bridge between LC and Bills

This accounting role is used to transfer the collaterals from the LC onto the Bill. This role maps onto the GL/Account maintained as a part of the LC product preference.Bill Crystallization Accounting Roles and Amount Tags

The event to indicate crystallization of the bill is CRST.

The following are the Accounting Roles and Amount tags available to define the accounting entries for the crystallization event of the bills.

Amount Tag	Description
BC_CRST_TFR_AMT	Bill Amount to be crystallized
BC_CRST_LIQ_AMT	Total Bill Amount to be liquidated
BC_CRST_COLL_LIQ_AMT	Bill Amount to be liquidated against Collateral
LC COMM COMP _TFR_LIQD	Commission Amount to be liquidated
LC CHARGE COMP _TFR_LIQD	Charge Amount to be liquidated
LC COMM COMP _TFR	Commission Amount to be transferred onto Finance
LC CHARGE COMP _TFR	Charge Amount to be transferred onto Finance

Accounting Role	Description
BC SUSPENSE	BC LD Bridge GL
BC_COMM_RECV	Bills Commission Receivable
BC_CHG_RECV	Bills Charge Receivable

The amount tag – BC_CRST_TFR_AMT contains the amount input in crystallization preference of the bills contract. BC_CRST_COLL_LIQ_AMT contains the collateral amount to be liquidated as captured in the bills crystallization preference.

BC_CRST_CHG_LIQ_AMT and BC_CRST_COMM_LIQ_AMT contains the charge and commission amounts respectively if the option – “Liquidate charge / commission from LC “is selected in the crystallization preference, else, the amount tags - BC_CRST_CHG_TFR_AMT and BC_CRST_COMM_TFR_AMT contain the amounts.

The amount tags - BC_CRST_LIQ_AMT contain the Total Bill Outstanding amount minus Bill Amount to be crystallized minus Collateral amount to be liquidated.

The following Accounting entries are setup as a part of the crystallization event:

Event	Accounting Role	Dr/Cr	Amount Tag
CRST	Customer Account	Dr	BC_CRST_LIQ_AMT
CRST	Nostro Account	Cr	BC_CRST_LIQ_AMT_EQ
CRST	BC SUSPENSE	Dr	BC_CRST_TFR_AMT
CRST	Nostro Account	Cr	BC_CRST_TFR_AMT_EQ
CRST	BC SUSPENSE	Dr	LC COMM COMP _ TFR
CRST	BC_COMM_RECV	Cr	LC COMM COMP _ TFR
CRST	BC SUSPENSE	Dr	LC CHARGE COMP _ TFR
CRST	BC_CHG_RECV	Cr	LC CHARGE COMP _ TFR
CRST	Customer Account	Dr	LC COMM COMP _ TFR_LIQD
CRST	LC COMM COMP _RECV	Cr	LC COMM COMP _ TFR_LIQD
CRST	Customer Account	Dr	LC CHARGE COMP _ TFR_LIQD
CRST	LC CHARGE COMP_RECV	Cr	LC CHARGE COMP _ TFR_LIQD
CRST	BCCOL_DEP_GL	Dr	BC_CRST_COLL_LIQ_AMT
CRST	Customer Account	Cr	BC_CRST_COLL_LIQ_AMT
CRST	Customer Account	Dr	BC_CRST_COLL_LIQ_AMT
CRST	Nostro Account	Cr	BC_CRST_COLL_LIQ_AMT

The BC Suspense accounting role mentioned here is the bridge GL used between the Bill and finance and contains the suspense account maintained as a part of the Bill crystallization product preference.

If the set of accounting entries in INIT event of Bills discussed above are not defined, then, the you have to map the Bills Commission receivable and Bills Charge receivable accounting roles to the same head as that of the LC Commission receivable and LC Charge receivable roles’ heads. This is operationally controlled and the system does not perform any validations to ensure the same.

12.1.26 Crystallization Linkage Event

The BLNK event is triggered in the bill upon booking of a linked finance for the bill. No advice or accounting entries shall be allowed for the event. This event is basically used to keep an audit trail of when the linkage of the finance occurred to the bill.

12.1.27 Events for Reversal of Linked Finance before and after initiation of the finance

Reversal of linked finance before initiation of the finance

The RLNK event is triggered in the bill on the reversal of a linked finance before initiation of the finance is allowed. This event does not have any accounting or messaging and such bills are again available for linking.

Reversal of linked finance after initiation of the finance

Upon initiation of the finance, the bill gets liquidated, and the finance behaves as a normal finance in Oracle FLEXCUBE which can be reversed. Such an event does not perform any subsequent action on the Bill linked.

Bill Reversal upon linkage of finance with finance to be initiated

Bill reversal is not allowed if there is a finance linked to the bill that has not been reversed. The reversal of the bill is allowed once the underlying linked finance has been reversed.