8. Annexure A - Accounting Entries

8.1 Accounting Entries and Advices for TD

This Annexure lists the suggested event-wise accounting entries that can be set up, for the Interest and Charge product applicable for the TD module of Oracle FLEXCUBE.

This chapter contains the following sections:

8.2 Events

You need to set up the following events at the IC product for Deposit accounts:

Event Code

Event Description

DEBK

Deposit Booking

IACR

Interest Accruals

ILIQ

Interest Liquidation

IMAT

Interest Maturity

ROLL

Discounted Deposit Rollover

8.3 Amount Tags

The following amount tags are available:

Amount Tags

Description

IACQUIRED

Acquired Interest Amount

IACR

Interest Accrual

IACR_ADJ

Interest Accrual Adjustments

ILIQ

Interest Liquidation Amount

ILIQ_ADJ

Interest Liquidation Adjustments

IMAT

Interest Maturity

PMAT

Principal Maturity

TAX

Tax

TAX_ADJ

Tax Adjustment

TD-PRINC

Deposit Principal Amount

TD_INT

Advance Interest Paid

8.4 Accounting Roles

Accounting roles are automatically defaulted by Oracle FLEXCUBE based on the IC Rule attached to the particular IC product. An accounting role could be accrual, P/L or tax payment. For creation of role type, standard abbreviations are used across Oracle FLEXCUBE.

The accounting role is created in the following format – ‘TDAA-<accounting role type>-<X>

Where:

If you have maintained more than one formula for a rule, the system will default accounting roles for each of your formulae.

For example, assume that the accounting role is ‘TDAB-ACCR-1’.

This role indicates the following:

Assume that the accounting role is ‘TDAB-PNL-2’

This role indicates the following:

The formula number is ‘2’. (for example debit interest posting against income GL defined for formula 2)

You should select the appropriate accounting role on the ’Role to Head Mapping‘ screen for every product.

‘TDAA-BOOK-X’ represents the settlement account where the amount is credited or debited against P/L account. This role cannot be attached to any GL on the ’Role to Head Mapping’ screen. It is used while maintaining event-wise accounting entries.

Sample accounting role for IC Rule ID like AP01 are given below:

8.5 TD Advices

The following list contains details of the advices that are applicable to the TDs you can process at your bank.

This section contains the following topics:

8.5.1 TD Top-up Advices

The following advices are sent to customers whenever there is a top-up on existing TDs:

Tag

Description

_BRANCH_

Code of the branch where TD is held

_BRANCHNAME_

Name of the branch where TD is held

_BRNADD1_

Branch address line 1

_BRNADD2_

Branch address line 2

_BRNADD3_

Branch address line 3

_TDACCNO_

TD Account Number

_CUSTID_

CIF ID

_CUSTNAME_

Customer name

_ADD1_

Customer address line 1

_ADD2_

Customer address line 2

_ADD2_

Customer address line 3

_ADD4_

Customer address line 4

_CCY_

Currency of Term Deposit

_AMT_

Term deposit amount

_VALDATE_

Value Date of Top-up

_TOPAMT_

Top-up Amount

_TOTAMT_

Total amount of the deposit = Amount + Top-up amount

_NEWINTRATE_

New Interest Rate after Top-up

_MATDATE_

Maturity Date

_INTCUM

Interest Rate Based on Cumulative Amount

_BASEAMT_

Base Amount for Arriving at Interest Rate

The advice TD_TOPUP is generated on authorization of top-up.

8.5.2 TD Maturity Date Change Advices

The TD maturity date change advice, TD_MAT_ADJ, is generated if there is any adhoc change in the holiday calendar.

Tag

Description

_BRANCH_

Code of the branch where TD is held

_BRANCHNAME_

Name of the branch where TD is held

_BRNADD1_

Branch address line 1

_BRNADD2_

Branch address line 2

_BRNADD3_

Branch address line 3

_REF_

TD Account Number

_CUSTID_

CIF ID

_CUSTNAME_

Customer name

_ADD1_

Customer address line 1

_ADD2_

Customer address line 2

_ADD2_

Customer address line 3

_ADD4_

Customer address line 4

_CCY_

Currency of Term Deposit

_AMT_

Term deposit amount

_DEPTTENOR_

Term Deposit Tenor

_ORGDEPTENOR_

Original tenor of deposit before holiday adjustment

__DEPTTENORADJ_

Value ‘Y’ if tenor is adjusted due to holiday, else NULL.

_MATDATE_

Maturity Date

_ORGMATDATE_

Original maturity date of deposit before holiday adjustment

_MATADJ_

Value ‘Y’ if Maturity Date Adjusted due to holiday, else NULL.

_MATHOL_

Value ‘Y’ if maturity date is falling on a holiday, else NULL.

8.5.3 Redemption Advices

This redemption advice will be generated only for term deposits with option ‘Redemption Advice Required’ checked at the product level. A message type ‘TD_REDM’ will be used:

Tag

Description

_BRANCH_

Branch code of the term deposit

_REF_

TD account number

_BRANCHNAME_

Branch name where term deposit is held

_BRNADD1_

Branch address line 1

_BRNADD2_

Branch address line 2

_BRNADD3_

Branch address line 3

_CUSTID_

CIF ID

_CUSTNAME_

Customer name

_ADD1_

Customer address line 1

_ADD2_

Customer address line 2

_ADD2_

Customer address line 3

_ADD4_

Customer address line 4

_CCY_

Currency of Term Deposit

_AMT_

Term deposit amount

_TOTREDMAMT_

Total Redemption amount

_MATDATE_

Maturity Date

_REDMDATE_

Redemption date

_REDMBRANCH_

Redemption account branch

_REDMACCOUNT_

Redemption account to

_REDMNARRATIVE_

Redemption narrative

_PAYOUTTYPE_

Pay out Type

_PAYOUTPERCNT_

Payout Percentage

_PAYOUTREDMAMT_

Payout Redemption amount

_PENALTYDET_

Penalty details

_MAKERID_

Teller name

_TXNDATETIME_

Transaction date & time

_ CERTNO_

Certificate numbers getting redeemed

_ NOCERT_

Total number of certificates getting redeemed

_INTCUM

Interest Rate Based on Cumulative Amount

_BASEAMT_

Base Amount for Arriving at Interest Rate

8.5.4 Rollover Advices

This rollover advice will be generated only for term deposits during rollover. A message type ‘TD_ROLL’ will be used:

Tag

Description

_BRANCHNAME_

Branch Name

_BRNADD1_

Branch address line 1

_BRNADD2_

Branch address line 2

_BRNADD3_

Branch address line 3

_TDATE_

Rollover date

_REF_

Advice Reference

_CUSTNAME_

Customer name

_ADD1_

Customer address line 1

_ADD2_

Customer address line 2

_ADD2_

Customer address line 3

_ADD4_

Customer address line 4

_TDACNO_

Term deposit account number

_AMT_

Rollover amount

_CCY_

Term deposit currency

_DEPTTENOR_

Term deposit tenor

_MATDATE_

Maturity date

_MATAMT_

Maturity amount

_INTRATE_

Interest rate

_INTAMT_

Projected Interest amount

_TDROLLTYPE_

Rollover type

_BLOCKEDAMT_

Blocked/Lien amount

_TAXAMT_

Tax Amount

_TAXRATE_

Tax Rate

_INTCUM

Interest Rate Based on Cumulative Amount

_BASEAMT_

Base Amount for Arriving at Interest Rate

8.5.5 TD Advices

This advice will be generated for original and duplicate advice for Term Deposit. A message type ‘ICCOD’ will be used. The tag ‘DUPLICATE’ will be displayed only in case of duplicate advice generated:

Tag

Description

_BRANCH_

Code of the branch where Account is to be held

_BRNAME_

Branch Name

_BRNADD1_

Branch address line 1

_BRNADD2_

Branch address line 2

_BRNADD3_

Branch address line 3

_ACLASS_

Account Class

_ACLASSDEC_

Account class description

_CUSTID_

CIF ID

_TDATE_

Rollover date

_REF_

Advice Reference

_CUSTNAME_

Customer name

_ADD1_

Customer address line 1

_ADD2_

Customer address line 2

_ADD2_

Customer address line 3

_ADD4_

Customer address line 4

_TERMDEPAMT_

Amount of Term Deposit

_TDACNO_

Term deposit account number

_VDATE_

Opening date

_AMT_

Rollover amount

_CCY_

Term deposit currency

_XRATE_

Applicable Rate

_INTAMT_

Interest Amount

_SPLCCY_

Interest Amount currency

_INTAMTWORD_

Interest Amount in words

_TAXAMT

Tax Amount

_TAXCCY

Tax Amount Currency

_SPLCCY_

Tax collected amount currency

_TAXAMTWORD

Tax Amount in words

_DEPTTENOR_

Term deposit tenor

_MATDATE_

Maturity date

_MATAMT_

Maturity amount

_MATAMTWORDS_

Tax Amount in words

_CCY_

Maturity amount currency

_MDATE_

Maturity Date

_TDATE_

TD Booking date

_INTRATE_

Interest rate

_DUPLICATE_

Duplicate Certificate

_USERNAME_

User Name who has generated the advice

_INTCUM

Interest Rate Based on Cumulative Amount

_BASEAMT_

Base Amount for Arriving at Interest Rate

For denominated certificates the following tags are available for ICCOD advice:

Tag

Description

_ CDENOID_

Denomination id of the certificate

_CDENOVAL_

Denomination of the certificate

_CDENOUNIT_

The unit of denomination

_CSTATUS_

The current status of the certificate

8.5.5.1 ICCOD_SIM

This advice will be generated for original and duplicate advice for Term Deposit Simulation.

Advice Tag

Description

_BRANCH_

Code of the branch where Account is to be held

_ BRNAME_

Name of the branch where Account is to be held

_ BRADDR1_

Branch address line 1

_ BRADDR2_

Branch address line 2

_ BRADDR3_

Branch address line 3

_ACLASS_

Account Class

_ACLASSDEC

Account Class Description

_CUSTID_

CIF ID

_CUSTNAME_

Customer name

_ADD1_

Customer address 1

_ADD2_

Customer address 2

_ADD3_

Customer address 3

_ADD4_

Customer address 4

_TERMDE­PAMT_

Amount of Term Deposit

_TENORY_

Tenor - Term in years

_TENORM_

Tenor - Term in months

_TENORD_

Tenor - Term in days

_VDATE_

Opening date

_CCY_

Currency

_XRATE_

Applicable Rate

_APY_

Annual Percentage yield

_INTAMT_

Interest Amount

_SPLCCY_

Interest Amount currency

_INTAM­TWORD_

Interest Amount in words

_TAXAMT

Tax Amount

_SPLCCY

Tax Amount Currency

_TAXAM­TWORD

Tax Amount in words

_MATAMT_

Maturity Amount

_MATAMTWORDS_

Maturity Amount in words

_CCY_

Maturity Amount currency

_MDATE_

Maturity Date

_TDATE_

TD Booking date

_INTCUM

Interest Rate Based on Cumulative Amount

_BASEAMT_

Base Amount for Arriving at Interest Rate

8.5.6 TD Renewal Simulation Advice

This advice will be generated for renewal and simulation of term deposit. A message type ‘TD_REN_SIM’ will be used.

Advice Tag

Description

_BRANCH_

Code of the branch where Account is to be held

_BRNAME_

Name of the branch where Account is to be held

_ BRADDR1_

Branch address line 1

_ BRADDR2_

Branch address line 2

_ BRADDR3_

Branch address line 3

_ACLASS_

Account Class

_ ACLASSNAME_

Account Class Name

_CUSTID_

CIF ID

_CUSTNAME_

Customer name

_ADD1_

Customer address 1

_ADD2_

Customer address 2

_ADD3_

Customer address 3

_ADD4_

Customer address 4

_TERMDEPAMT_

Account Balance

_TDACNO_

Term Deposit Account Number

_VDATE_

Opening date

_CCY_

Currency

_XRATE_

Applicable Rate

_SPLAMT1_

Interest Amount

_SPLCCY_

Interest Amount currency

_SPLAMTWORD1_

Interest Amount in words

_MATAMT_

Maturity Amount

_MATAMTWORDS_

Maturity Amount in words

_CCY_

Maturity amount currency

_MDATE_

Maturity Date

_INTPAIDOUT_

Interest paid out as on simulation date

_SPLCCY

Interest paid amount currency

_INTPAIDOUTWORD_

Interest paid out amount in words

_TAXCOLL_

Amount of tax collected as till date.

_SPLCCY

Tax collected amount currency

_TAXAMTWORDS_

Tax amount in words

_TDATE_

TD Booking date

_RENTYPE_

Type of rollover

_TENORY_

Rollover term in years

_TENORM_

Rollover term in months

_TENORD_

Rollover term in days

_TERMDEPAMT_

Amount of Term Deposit for rollover

_TERMDE­PAMTWORD_

Term deposit amount in words

_MDATE1_

Maturity Date

_XRATE1_

Applicable Rate

_APY_

Annual Percentage yield

_SPLAMT_

Interest Amount

_SPLCCY_

Interest Amount currency

_SPLAMTWORD

Interest amount in words

_TAXAMT_

Tax Amount

_SPLCCY_

Tax Amount currency

_STAXAMTWORD_

Tax Amount in words

_MATAMT1_

Maturity Amount

_MATAMTWORDS1_

Maturity Amount in words

_CCY_

Maturity amount currency

_INTCUM

Interest Rate Based on Cumulative Amount

_BASEAMT_

Base Amount for Arriving the Interest

8.5.7 TD Top Up Simulation Advice

This advice will be generated for simulation of TD top up. A message type ‘TD_TOP_SIM’ will be used.

Advice Tag

Description

_BRANCH_

Code of the branch where Account is to be held

_ BRNAME_

Name of the branch where Account is to be held

_ BRADDR1_

Branch address line 1

_ BRADDR2_

Branch address line 2

_ BRADDR3_

Branch address line 3

_ACLASS_

Account Class

_ ACLASSNAME_

Account Class Name

_CUSTID_

CIF ID

_CUSTNAME_

Customer name

_ADD1_

Customer address 1

_ADD2_

Customer address 2

_ADD3_

Customer address 3

_ADD4_

Customer address 4

_TERMDEPAMT_

Amount of Term Deposit

-TERMDEPAC_

Term Deposit Account Number

_TENORY_

Tenor - Term in years

_TENORM_

Tenor - Term in months

_TENORD_

Tenor - Term in days

_VDATE_

Opening date

_CCY_

Currency

_XRATE_

Applicable Rate

_APY_

Annual Percentage yield

_SPLAMT_

Interest Amount

_SPLCCY_

Interest Amount currency

_SPLAMTWORD_

Interest Amount in words

_MATAMT_

Maturity Amount

_MATAMTWORDS_

Maturity Amount in words

_CCY_

Maturity amount currency

_MDATE_

Maturity Date

_INTPAIDOUT_

Interest paid out as on simulation date

_INTPAIDOUTWORD_

Interest paid out amount in words

_TAXCOLL_

Amount of tax collected as on top up date

_SPLCCY_

Tax Amount currency

_TAXAMTWORDS_

Tax amount in words

_TDATE_

TD Booking date

_TOPUPDATE_

Date of top up

_TOPUPAMT_

Amount of top up

_CCY_

Top up Currency

_TOPUPAMTWORD_

Top up amount in words

_BALTERMDEPAMT_

Amount of Term Deposit after top up

_BALTERMDE­PAMTWORD_

Term deposit amount in words

_XRATE_

Applicable Rate

_APY_

Annual Percentage yield

_NEWINTAMT_

Interest Amount

_SPLCCY_

Interest Amount currency

_NEWINTAMTWORD

Interest Amount in words

_TAXAMT

Tax Amount

_SPLCCY_

Tax Amount Currency

_TAXAMTWORDS_

Tax Amount in words

_NEWMATAMT_

Maturity Amount

_NEWMATAMTWORDS_

Maturity Amount in words

_CCY_

Maturity amount currency

_INTCUM_

Interest Rate Based on Cumulative Amount

_BASEAMT_

Base Amount for Arriving at Interest Rate

8.5.8 TD Redemption Simulation Advice

This advice will be generated for simulation of TD redemption. A message type ‘TD_RED_SIM’ will be used.

Advice Tag

Description

_BRANCHCODE_

Code of the branch where Account is to be held

_ BRNAME_

Name of the branch where Account is to be held

_ BRADDR1_

Branch address line 1

_ BRADDR2_

Branch address line 2

_ BRADDR3_

Branch address line 3

_ACLASS_

Account Class

_ACLASSNAME_

Account Class Name

_CUSTID_

CIF ID

_CUSTNAME_

Customer name

_ADD1_

Customer address 1

_ADD2_

Customer address 2

_ADD3_

Customer address 3

_ADD4_

Customer address 4

_TERMDEPAMT_

Amount of Term Deposit

-TERMDEPAC_

Term Deposit Account Number

_TENORY_

Tenor - Term in years

_TENORM_

Tenor - Term in months

_TENORD_

Tenor - Term in days

_VDATE_

Opening date

_CCY_

Currency

_XRATE_

Applicable Rate

_SPLAMT_

Interest Amount

_SPLCCY_

Interest Amount currency

_SPLAMTWORDS_

Interest Amount in words

_MATAMT_

Maturity Amount

_MATAMTWORDS_

Maturity Amount in words

_CCY_

Maturity amount currency

_MDATE_

Maturity Date

_INTPAIDOUT_

Interest paid out as on simulation date

_INTPAIDOUTWORD_

Interest paid out amount in words

_CCY_

Currency

_TAXCOLL_

Amount of tax collected as on redemption

_SPLCCY_

Tax Currency

_TAXAMTWORDS_

Tax amount in words

_TDATE_

TD Booking date

_REDDATE_

Date of redemption

_REDMODE_

Mode of redemption

_REDAMT_

Amount of redemption

_REDMATWORD_

Redemption amount in words

_NEWRATE

Interest rate applicable for current redemption

_INTAMT_

Amount of interest payable for current redemption

_SPLCCY_

Interest Amount Currency

_INTAMTWORD

Interest amount in words

_PENAMT_

Amount of penalty applicable for current redemption

_CCY_

Penalty Amount Currency

_PENAMTWORD

Penalty amount in words

_TAXAMT_

Amount of tax applicable for current redemption

_SPLCCY_

Tax Amount Currency

_TAXAMTWORD_

Tax amount in words

_NETINTAMT

Net interest amount payable for current redemption

_SPLCCY_

Net Interest amount currency

_NETINTAMTWORD

Net interest amount payable in words

_NET AMT_

Net amount payable for current redemption

_CCY_

Net Payable amount currency

_NET AMTWORD_

Net amount payable in words

_BALTERMDEPAMT_

Amount of Term Deposit after redemption

_CCY_

Currency

_TERMDEPAMTWORD

Amount of Term Deposit in words

_NEWXRATE_

Applicable Rate

_APY_

Annual Percentage yield

_NEWINTAMT_

Interest Amount

_SPLCCY_

Interest Amount currency

NEWINTAMTWORD_

Interest amount in words

_TAXAMT1_

Tax Amount

_SPLCCY_

Tax Currency

_TAXAMTWORDS1_

Tax Amount in Words

_NEWMATAMT_

Maturity Amount

_NEW­MATAMTWORDS_

Maturity Amount in words

_CCY_

Maturity amount currency

_INTCUM

Interest Rate Based on Cumulative Amount

_BASEAMT

Base Amount for Arriving at Interest Rate

8.6 Event-wise Accounting Entries for Products

You can set up various IC products for handling TDs.

This section contains the following topics:

8.6.1 TD with Capitalization

You can set up event-wise accounting entries and advices for the product as suggested below. Accounting roles are for sample rule ID AP01.

8.6.1.1 DEBK: Book

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

TDACCOUNT

TD-PRINC

Credit

TDOFFSET

TD-PRINC

Debit

 

8.6.1.2 IACR: Interest Accrual

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

AP01-PNL_ADJ-1

IACR_ADJ

Debit

AP01-ACR_ADJ-1

IACR_ADJ

Credit

AP01-PNL-1

IACR

Debit

AP01-ACCR-1

IACR

Credit

8.6.1.3 ILIQ: Interest Liquidation

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

AP01-ACCR-1

ILIQ

Debit

AP01-PNL_ADJ-2

IACQUIRED

Credit

AP01-BOOK-2

IACQUIRED

Debit

AP01-BOOK-1

IACQUIRED

Credit

AP01-ACQUIRED-1

IACQUIRED

Debit

AP01-BOOK-1

ILIQ

Credit

AP01-BOOK-3

TAX_ADJ

Debit

AP01-TPBL-3

TAX

Credit

AP01-BOOK-3

TAX

Debit

AP01-PNL-2

ILIQ

Credit

AP01-BOOK-2

ILIQ

Debit

AP01-TPBL_ADJ-3

TAX_ADJ

Credit

 

8.6.1.4 IMAT: Interest Maturity

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

INT-LIQD

IMAT

Debit

INT-BOOK

IMAT

Credit

PRINC-LIQD

PMAT

Debit

PRINC-BOOK

PMAT

Credit

Note

You need to maintain entries for each of your booking type formulae otherwise the system will not be able to process IC.

Tax entries are mandatory if tax parameters are maintained for your rule. When you don’t maintain tax through the Tax sub-system, but instead you maintain it as a debit type interest component, you should use the common accounting roles and amount tags.

8.6.2 Normal TD with Simple Interest

You can set up event-wise accounting entries and advices for the product as suggested below Sample accounting entries for IC Product with Rule ID AP02 are given below.

8.6.2.1 DEBK: Book

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

TDACCOUNT

TD-PRINC

Credit

TDOFFSET

TD-PRINC

Debit

8.6.2.2 IACR: Interest Accrual

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

AP02-PNL-1

IACR

Debit

AP02-ACCR-1

IACR

Credit

AP02-PNL_ADJ-1

IACR_ADJ

Debit

AP02-ACR_ADJ-1

IACR_ADJ

Credit

8.6.2.3 ILIQ: Interest Liquidation

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

AP02-ACCR-1

ILIQ

Debit

AP02-PNL_ADJ-2

IACQUIRED

Credit

AP02-BOOK-2

IACQUIRED

Debit

AP02-BOOK-1

IACQUIRED

Credit

AP02-ACQUIRED-1

IACQUIRED

Debit

AP02-BOOK-1

ILIQ

Credit

AP02-BOOK-3

TAX_ADJ

Debit

AP02-TPBL-3

TAX

Credit

AP02-BOOK-3

TAX

Debit

AP02-PNL-2

ILIQ

Credit

AP02-BOOK-2

ILIQ

Debit

AP02-TPBL_ADJ-3

TAX_ADJ

Credit

 

8.6.2.4 IMAT: Interest Maturity

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

INT-LIQD

IMAT

Debit

INT-BOOK

IMAT

Credit

PRINC-LIQD

PMAT

Debit

PRINC-BOOK

PMAT

Credit

8.6.3 TD with Rate Chart Allowed

You can set up event-wise accounting entries and advices for the product as suggested below. Sample accounting entries for IC Product with Rule ID RC02 are given below.

8.6.3.1 DEBK: Book

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

TDACCOUNT

TD-PRINC

Credit

TDOFFSET

TD-PRINC

Debit

8.6.3.2 IACR: Interest Accrual

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

RC02-PNL-1

IACR

Debit

RC02-ACCR-1

IACR

Credit

RC02-PNL_ADJ-1

IACR_ADJ

Debit

RC02-ACR_ADJ-1

IACR_ADJ

Credit

8.6.3.3 ILIQ: Interest Liquidation

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

RC02-BOOK-2

ILIQ

Debit

RC02-BOOK-1

IACQUIRED

Credit

RC02-ACQUIRED-1

IACQUIRED

Debit

RC02-BOOK-2

IACQUIRED

Credit

RC02-PNL_ADJ-2

IACQUIRED

Debit

RC02-PNL-2

ILIQ

Credit

RC02-BOOK-3

TAX_ADJ

Debit

RC02-BOOK-3

TAX

Credit

RC02-TPBL_ADJ-3

TAX_ADJ

Debit

RC02-BOOK-1

ILIQ

Credit

RC02-ACCR-1

ILIQ

Debit

RC02-TPBL-3

TAX

Credit

8.6.3.4 IMAT: Interest Maturity

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

INT-LIQD

IMAT

Debit

INT-BOOK

IMAT

Credit

PRINC-LIQD

PMAT

Debit

PRINC-BOOK

PMAT

Credit

8.6.4 Recurring Deposit Scheme

You can set up event-wise accounting entries and advices for the product as suggested below. Sample accounting entries for IC Product with Rule ID TDRD are given below.

8.6.4.1 DEBK: Book

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

TDACCOUNT

TD-PRINC

Credit

TDOFFSET

TD-PRINC

Debit

8.6.4.2 IACR: Interest Accrual

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

TDRD-ACR_ADJ-1

IACR_ADJ

Credit

TDRD-PNL_ADJ-1

IACR_ADJ

Debit

TDRD-ACCR-1

IACR

Credit

TDRD-PNL-1

IACR

Debit

8.6.4.3 ILIQ: Interest Liquidation

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

TDRD-BOOK-2

ILIQ

Debit

TDRD-BOOK-1

IACQUIRED

Credit

TDRD-ACQUIRED-1

IACQUIRED

Debit

TDRD-PNL_ADJ-2

IACQUIRED

Credit

TDRD-BOOK-2

IACQUIRED

Debit

TDRD-PNL-2

ILIQ

Credit

TDRD-BOOK-3

TAX_ADJ

Debit

TDRD-TPBL-3

TAX

Credit

TDRD-BOOK-3

TAX

Debit

TDRD-BOOK-1

ILIQ

Credit

TDRD-ACCR-1

ILIQ

Debit

TDRD-TPBL_ADJ-3

TAX_ADJ

Credit

8.6.4.4 IMAT: Interest Maturity

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

INT-LIQD

IMAT

Debit

INT-BOOK

IMAT

Credit

PRINC-LIQD

PMAT

Debit

PRINC-BOOK

PMAT

Credit

8.6.5 Discounted Deposits

You can set up event-wise accounting entries and advices for the product as suggested below. Sample accounting entries for IC Product with Rule ID TD01 are given below. The interest is paid upfront at the time of booking.

Note

The IC rule defined for normal interest product should not be linked for discounted product. Separate rule definition is needed for discounted deposits.

8.6.5.1 DEBK: Book

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

TDACCOUNT

TD-PRINC

Credit

TDOFFSET

TD-PRINC

Debit

TD01-BOOK-1

TD-INT

Credit

INTPIA

TD-INT

Debit

TD01-BOOK-3

TAX

Debit

TD01-TPBL-3

TAX

Credit

8.6.5.2 IACR: Interest Accrual

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

TD01-ACR_ADJ-1

IACR_ADJ

Credit

TD01-PNL_ADJ-1

IACR_ADJ

Debit

TD01-ACCR-1

IACR

Credit

TD01-PNL-1

IACR

Debit

8.6.5.3 ILIQ: Interest Liquidation

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

TD01-BOOK-1

ILIQ_ADJ

Debit

TD01-ACCR-1

ILIQ_ADJ

Credit

TD01-BOOK-2

ILIQ

Debit

TD01-PNL-2

ILIQ

Credit

8.6.5.4 IMAT: Interest Maturity

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

INT-LIQD

IMAT

Debit

INT-BOOK

IMAT

Credit

PRINC-LIQD

PMAT

Debit

PRINC-BOOK

PMAT

Credit

8.6.5.5 ROLL: Discounted Deposit Rollover

Accounting Entries

Accounting Role

Amount Tag

Dr/Cr Indicator

TD01-BOOK-1

TD-INT

Credit

INTPIA

TD-INT

Debit

TD01-BOOK-3

TAX

Debit

TD01-TPBL-3

TAX

Credit

8.6.6 TD with Negative Interest

Accounting entries in Product maintenance

IACR

Accounting Role

Amount Tag

Dr/Cr Indicator

<Rule>-ACCR-1

IACR

Credit

<Rule>-PNL-1

IACR

Debit

<Rule>-ACCR-2

IACR

Debit

<Rule>-PNL-2

IACR

Credit

ILIQ

Accounting Role

Amount Tag

Dr/Cr Indicator

<Rule>-ACCR-1

ILIQ

Debit

<Rule>-BOOK-1

ILIQ

Credit

<Rule>-ACCR-2

ILIQ

Credit

<Rule>-BOOK-2

ILIQ

Debit

<Rule>-TPBL-3

ILIQ

Credit

<Rule>-BOOK-3

ILIQ

Debit

During redemption of debit interest accounting roles to which accounting entries are passed will be reversed.