This chapter contains the details of events, advices and accounting entries in Retail Bills module.
This section contains the following topics:
The following table contains the details of events in retail bills module and the product types to which each of these events is applicable.
Event Code | Description | Applicable Product Types | ||||
---|---|---|---|---|---|---|
BOOK | Booking of contract | All product types | ||||
AMND | Amendment of contract | All product types | ||||
DISP | Dispatch of outward instruments | Only outward bills for collection and outward cheques for collections | ||||
DISC | Finance existing contracts | All product types except inward bills for collection and inward cheques for collection | ||||
LIQD | Liquidation of retail bills | All product types | ||||
DISH | Dishonour | All product types except outward cheques clearing (PDCs) | ||||
PROT | Protest | All product types except FCY cheque under cash letter and outward cheques clearing (PDCs) | ||||
RETN | Return | All product types except FCY cheque under cash letter | ||||
CLGN | Cash letter generation | Only FCY cheques under cash letter | ||||
CLAJ | Cash letter adjustment | Only FCY cheques under cash letter | ||||
CLQD | Realization of cash letter credit | Only FCY cheques under cash letter | ||||
CDSH | Dishonour of FCY cheque under cash letter | Only FCY cheques under cash letter | ||||
CBAT | Collateralization of outward instruments through the collateralization batch | Only outward bills for collection, outward cheques for collection and outward cheques clearing (PDCs) | ||||
PDCC | Clearing contract generation | Only outward cheques clearing (PDCs) | ||||
LOCH | Update instrument location | All product types | ||||
REVR | Reversal | All product types |
The following table contains the details of accounting roles in retail bills module.
Accounting Role | Role Description | Role Type | |||
---|---|---|---|---|---|
COLLECONT | Collection Contingent | Contingent Liability | |||
COLLECONTOFF | Collection Contingent Offset | Contingent Asset | |||
CHG_CUST_ACC | Customer Accounts | Real / Type 'X' | |||
NOSTRO | Bank Customer | Real / Type 'X' | |||
CUSTOMER | Customer Accounts | Real / Type 'X' | |||
BRIDGEGL | Bridge GL between RB and CL | Liability | |||
REALIZATION_ACC | Realization Account | Real / Type 'X' |
The following table contains the details of amount tags in retail bills module.
Amount Tag | Description | ||
---|---|---|---|
COLLEC_AMOUNT | Collection Amount | ||
COLLEC_AMND_AMT | Collection Amendment Amount | ||
COLLEC_OS_AMT | Collection Outstanding Amount | ||
DISC_AMOUNT | Discount Amount | ||
INST_LIQ_AMT | Instrument Liquidation Amount | ||
INST_LIQ_AMT_LESS_FIN | Instrument Liquidation Amount Less Financed | ||
LOAN_OS_AMT | Loan Outstanding Amount | ||
INST_AMOUNT | Instrument Amount | ||
INST_AMND_AMT | Instrument Amendment Amount | ||
OUR_CHG_DED | Our Charge Deducted | ||
CASH_LETTER_AMT | Cash Letter Amount | ||
COLLEC_AMND_AMTEQ | Collection Amendment Amount Equivalent |
This section contains the event-wise details of accounting entries in Retail Bills module.
Event: BOOK
Following accounting entries can be mapped for BOOK event for the product types listed below:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONT | COLLEC_AMOUNT | |||
Cr | COLLECONTOFF | COLLEC_AMOUNT | |||
Dr | CHG_CUST_ACC | <COMPONENT> LIQD | |||
Cr | <COMPONENT>INC | <COMPONENT>LIQD |
When financing is opted during contract booking, the system triggers BOOK event and the accounting entries will be as follows:
Event: BOOK | Dr/Cr | Accounting Role | Amount Tag | ||||
---|---|---|---|---|---|---|---|
Collection Bills - Customer Liability | Dr | COLLECONT | COLLEC_AMOUNT | ||||
Collection Bills -Bank Liability | Cr | COLLECONTOFF | COLLEC_AMOUNT | ||||
Customer Account | Dr | CHG_CUST_ACC | <COMPONENENT> LIQD | ||||
Charges Income | Cr | <COMPONENT>INC | <COMPONENT>LIQD |
Only one amount tag COLLEC_AMOUNT will be used both in case of book with or without margin.
The following accounting entries will be fired from CL module in case of finance of a bill.
Event: DSBR | Dr/Cr | Accounting Role | Amount Tag | ||||
---|---|---|---|---|---|---|---|
Bill Finance | Dr | LOAN_ACCOUNT | PRINCIPAL | ||||
Bill Finance | Cr | CR_SETTL_BRIDGE | PRINCIPAL | ||||
Interest Received in Adv | Dr | DR_SETTL_BRIDGE | MAIN_INT_LIQD | ||||
Interest Received in Adv | Cr | MAIN_INTRIA | MAIN_INT_LIQD |
The system triggers the instrument status update based on the rule mapped for DISC event when financing is chosen in the contract. The ‘To Status’ defined for the DISC event will be considered for the update. If financing is not chosen during booking, the system checks for the status rule mapped for BOOK event as existing.
Following accounting entries can be mapped for BOOK event for the product types listed below:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONT | INST_AMOUNT | |||
Cr | COLLECONTOFF | INST_AMOUNT | |||
Dr | CHG_CUST_ACC | <COMPONENT> LIQD | |||
Cr | <COMPONENT>INC | <COMPONENT>LIQD |
Event: AMND
Following accounting entries can be mapped for AMND event for the product types listed below:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONT | COLLEC_AMND_AMT | |||
Cr | COLLECONTOFF | COLLEC_AMND_AMT | |||
Dr | CHG_CUST_ACC | <COMPONENT> LIQD | |||
Cr | <COMPONENT>INC | <COMPONENT>LIQD |
Following accounting entries can be mapped for AMND event for the product types listed below:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONT | COLLEC_AMND_AMT | |||
Cr | COLLECONTOFF | COLLEC_AMND_AMT | |||
Dr | CHG_CUST_ACC | <COMPONENT> LIQD | |||
Cr | <COMPONENT>INC | <COMPONENT>LIQD |
On amending and decreasing the amount in FCY checks:
Event: LIQD
Following accounting entries can be mapped for LIQD event for the product types listed below:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONTOFF | COLLEC_OS_AMT | |||
Cr | COLLECONT | COLLEC_OS_AMT | |||
Dr | NOSTRO / REALIZATION_ACC | INST_LIQ_AMT_LESS_FIN | |||
Cr | CUSTOMER | INST_LIQ_AMT_LESS_FIN | |||
Dr | NOSTRO / REALIZATION_ACC | LOAN_OS_AMT | |||
Cr | BRIDGEGL | LOAN_OS_AMT | |||
Dr | CHG_CUST_ACC | <COMPONENT>_LIQD | |||
Cr | <COMPONENT>_INC | <COMPONENT>_LIQD |
During increase of instrument amount for FCY Cheque under Cash Letter Arrangement Product type, below additional accounting entries will be fired:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | NOSTRO | COLLEC_AMND_AMT | |||
Cr | CUSTOMER | COLLEC_AMND_AMTEQ |
Following accounting entries can be mapped for LIQD event for the product types listed below:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONTOFF | INST_AMOUNT | |||
Cr | COLLECONT | INST_AMOUNT | |||
Dr | CUSTOMER | INST_AMOUNT | |||
Cr | NOSTRO | INST_AMOUNT | |||
Dr | CHG_CUST_ACC | <COMPONENT>_LIQD | |||
Cr | <COMPONENT>_INC | <COMPONENT>_LIQD | |||
Dr | NOSTRO | OUR_CHG_DED | |||
Cr | OTH_CHG_INC | OUR_CHG_DED |
Event: DISP
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | CHG_CUST_ACC | <COMPONENT> LIQD | |||
Cr | <COMPONENT>INC | <COMPONENT>LIQD |
Event: DISC
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONTOFF | DISC_AMOUNT | |||
Cr | COLLECONT | DISC_AMOUNT | |||
Dr | CHG_CUST_ACC | <COMPONENT> LIQD | |||
Cr | <COMPONENT>INC | <COMPONENT>LIQD |
Event: DISH
Following accounting entries can be mapped for DISH event for the product types listed below:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONTOFF | COLLEC_OS_AMT | |||
Cr | COLLECONT | COLLEC_OS_AMT | |||
Dr | CHG_CUST_ACC | <COMPONENT>_LIQD | |||
Cr | <COMPONENT>_INC | <COMPONENT>_LIQD |
If contingent entries are reinstated on liquidation of asset during dishonour, the following entries can be mapped.
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONT | DISC_AMOUNT | |||
Cr | COLLECONTOFF | DISC_AMOUNT |
Following accounting entries can be mapped for DISH event for the product types listed below:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONTOFF | INST_AMOUNT | |||
Cr | COLLECONT | INST_AMOUNT | |||
Dr | CHG_CUST_ACC | <COMPONENT>_LIQD | |||
Cr | <COMPONENT>_INC | <COMPONENT>_LIQD |
Event: PROT
Following accounting entries can be mapped for PROT event for the product types listed below:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONTOFF | COLLEC_OS_AMT | |||
Cr | COLLECONT | COLLEC_OS_AMT | |||
Dr | CHG_CUST_ACC | <COMPONENT>_LIQD | |||
Cr | <COMPONENT>_INC | <COMPONENT>_LIQD |
If contingent entries are reinstated on liquidation of asset during protest, the following entries can be mapped.
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONT | DISC_AMOUNT | |||
Cr | COLLECONTOFF | DISC_AMOUNT |
Following accounting entries can be mapped for PROT event for the product types listed below:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONTOFF | INST_AMOUNT | |||
Cr | COLLECONT | INST_AMOUNT | |||
Dr | CHG_CUST_ACC | <COMPONENT>_LIQD | |||
Cr | <COMPONENT>_INC | <COMPONENT>_LIQD |
Event: RETN
Following accounting entries can be mapped for RETN event for the product types listed below:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONTOFF | COLLEC_OS_AMT | |||
Cr | COLLECONT | COLLEC_OS_AMT | |||
Dr | CHG_CUST_ACC | <COMPONENT>_LIQD | |||
Cr | <COMPONENT>_INC | <COMPONENT>_LIQD |
Following accounting entries can be mapped for RETN event for the product types listed below:
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONTOFF | INST_AMOUNT | |||
Cr | COLLECONT | INST_AMOUNT | |||
Dr | CHG_CUST_ACC | <COMPONENT>_LIQD | |||
Cr | <COMPONENT>_INC | <COMPONENT>_LIQD |
Event: CLAJ
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | REALIZATION_ACC | COLLEC_AMND_AMT | |||
Cr | NOSTRO | COLLEC_AMND_AMT |
Event: CLQD
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | NOSTRO | CASH_LETTER_AMT | |||
Cr | REALIZATION_ACC | CASH_LETTER_AMT |
Event: CDSH
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | REALIZATION_ACC | INST_AMOUNT | |||
Cr | NOSTRO | INST_AMOUNT |
Event: PDCC
Dr/Cr | Accounting Role | Amount Tag | |||
---|---|---|---|---|---|
Dr | COLLECONTOFF | COLLEC_OS_AMT | |||
Cr | COLLECONT | COLLEC_OS_AMT |
This section contains event wise list of advices generated by the system for Retail Bills module.
Advices for Outward Instruments
Event | Advice Name | Description | |||
---|---|---|---|---|---|
BOOK | OC_BILLBKADV | Outward Bill for Collection Lodgement Advice | |||
BOOK | OC_CHKBKADV | Outward Cheque for Collection Lodgement Advice | |||
BOOK | OC_CHKCLRADV | Outward Cheque for Clearing Lodgement Advice | |||
Bulk Advice | OC_BUBILLBKADV | Outward Bill / Cheque for Collection Bulk Lodgement Advice | |||
Bulk Advice | OC_BUCHKCLRADV | Outward Cheque for Clearing Bulk Lodgement Advice | |||
BOOK | OC_COLLADV | Outward Bill / Cheque Collateral Advice | |||
AMND | OC_COLLADV | Outward Bill / Cheque Collateral Advice | |||
CBAT | OC_COLLADV | Outward Bill / Cheque Collateral Advice | |||
LIQD | OC_REALADV | Outward Bill / Cheque Realization Advice | |||
LIQD | OC_CHKREALADV | Outward Cheque for Clearing Realization Advice | |||
AMND | OC_BLAMNDCPADV | Outward Bill for Collection Amendment Advice to Counter Party | |||
AMND | OC_CHAMNDCPADV | Outward Cheque for Collection Amendment Advice to Counter Party | |||
AMND | OC_CHKAMNDADV | Outward Cheque for Clearing Amendment Advice | |||
AMND | OC_BLAMNDCBADV | Outward Bill for Collection Amendment Advice to Collecting Bank | |||
AMND | OC_CHAMNDCBADV | Outward Cheque for Collection Amendment Advice to Collecting Bank | |||
DISP | OC_DISPADV | Outward Contract Dispatch Advice | |||
DISP | OC_DISPANNEX | Outward Contract Dispatch Annexure Advice | |||
DISH | OC_DISHADV | Outward Contract Dishonour Advice | |||
PROT | OC_PROTADV | Outward Contract Protest Advice | |||
RETN | OC_RETNADV | Outward Contract Return Advice | |||
RETN | OC_CHKRETNADV | Outward Cheque for Clearing Return Advice |
Advices for Inward Instruments
Event | Advice Name | Description | |||
---|---|---|---|---|---|
BOOK | IN_BLACKADV | Inward Bill Acknowledgement Advice | |||
BOOK | IN_BLARRADV | Inward Bill Arrival Notice | |||
LIQD | IN_REALADV | Inward Instrument Realization Advice | |||
AMND | IN_BLAMNDACKADV | Inward Bill Amendment Acknowledge Advice | |||
AMND | IN_BLAMNDARRADV | Inward Bill Amendment Arrival Notice | |||
DISH | IN_REMDISHADV | Inward Instrument Dishonour Advice to Remitting Bank | |||
DISH | IN_CPDISHADV | Inward Instrument Dishonour Advice to Counter Party | |||
PROT | IN_REMPROTADV | Inward Instrument Protest Advice to Remitting Bank | |||
PROT | IN_CPPROTADV | Inward Instrument Protest Advice to Counter Party | |||
RETN | IN_REMRETNADV | Inward Instrument Return Advice to Remitting Bank | |||
RETN | IN_CPRETNADV | Inward Instrument Return Advice to Counter Party |
Advices for FCY Cheques under Cash Letter Arrangement
Event | Advice Name | Description | |||
---|---|---|---|---|---|
BOOK | FCYCHKBKADV | Foreign Cheque Lodgement Advice | |||
AMND | FCYCHKAMNDADV | Foreign Cheque Amendment Advice | |||
LIQD | FCYCHKREALADV | Foreign Cheque Realization Advice | |||
DISH | FCYCHKDISHADV | Foreign Cheque Dishonour Advice | |||
CLGN | FCYCLRGENADV | Cash Letter Annexure Generation Advice |
Advices for Overseas Cheques Payable Abroad under Collection
Event | Advice Name | Description | |||
---|---|---|---|---|---|
BOOK | FCYOVRBKADV | Overseas Cheque Covering Letter | |||
AMND | FCYOVRAMNDADV | Overseas Cheque Amendment Advice | |||
LIQD | FCYOVRREALADV | Overseas Cheque Realization Advice | |||
DISH | FCYOVRDISHADV | Overseas Cheque Dishonour Advice | |||
PROT | FCYOVRPROTADV | Overseas Cheque Protest Advice | |||
RETN | FCYOVRRETNADV | Overseas Cheque Return Advice |