This section contains details of the suggested accounting entries that can be maintained, while setting up a portfolio product (for your bank and for your customer’s as well) for the ETD module of Oracle FLEXCUBE. The details of the suggested accounting entries are listed event-wise.
The following is an exhaustive list of events that can take place during the lifecycle of an ET deals. In the subsequent paragraphs we shall examine the accounting entries for each of the events listed below.
Event Code | Event Description | ||
---|---|---|---|
EOLG | Opening of Long Position | ||
ERVL | Revaluation of long Position | ||
ECLG | Closure of Long Position | ||
EOSH | Opening of Short Position | ||
ERVS | Revaluation of Short Position | ||
ECSH | Closure of Short Position | ||
EXPL | Expiry of Long Position | ||
EXPS | Expiry of Short Position | ||
EXRL | Exercise in Long Position | ||
EAXS | Assignment in Short Position | ||
EEPL | Exchange for Physicals in Long | ||
EEPS | Exchange for Physicals in Short | ||
ROLG | Reversal – Opening of Long Position | ||
RRVL | Reversal – Revaluation of Long Position | ||
RCLG | Reversal – Closure of Long Position | ||
ROSH | Reversal – Opening of Short Position | ||
RRVS | Reversal – Revaluation of Short Position | ||
RCSH | Reversal – Closure of Short Position | ||
RXPL | Reversal – Expiry of Long Position | ||
RXPS | Reversal – Expiry of Short Position | ||
RXRL | Reversal – Exercise in Long Position | ||
RAXS | Reversal – Assignment in Short Position | ||
REPL | Reversal – Exchange for Physicals in Long | ||
REPS | Reversal – Exchange for Physicals in Short | ||
EMAT | Event Matching of Deal | ||
EUMT | Event for Un-matching | ||
EBOK | Booking of Contract | ||
EREV | Reversal of Booking | ||
EAMD | Amendment of Contract |
The Amount Tags listed below are provided in Oracle FLEXCUBE.
Amount Tag | Description | ||
---|---|---|---|
AVG_PREMIUM_PAID | Average Premium Paid to acquire the Existing Holding | ||
AVG_PREMIUM_RECEIVED | Average Premium Received to acquire the Short Holding | ||
BOOK_VALUE | Holding Cost of the Instrument | ||
BOT_ASSET | Bought Asset in Asset Currency | ||
BOT_ASSET_DECR | Decrease in contract Positions in Asset Currency | ||
BOT_ASSET_INCR | Increase in contract Positions in Asset Currency | ||
BOT_CCY_EQ | Equivalent Amount in Pricing Currency | ||
BOT_CCY_EQ_DECR | Equivalent decrease in contract Positions in Pricing Currency | ||
BOT_CCY_EQ_INCR | Equivalent increase in contract Positions in Pricing Currency | ||
CLOSE_PRICE_PREMIUM | Closing Price / Premium in Pricing Currency | ||
CLOSURE_GAIN | Gain on Closure of Position | ||
CLOSURE_LOSS | Loss on Closure of Position | ||
DEAL_PREMIUM_AMT | Deal Premium Amount in Pricing Currency | ||
EFP_GAIN | Gain due to Exchange of Futures for Physicals | ||
EFP_LOSS | Loss due to Exchange of Futures for Physicals | ||
EXERCISE_ASSIGN_GAIN | Gain due to Assignment of the option | ||
EXERCISE_ASSIGN_LOSS | Loss due to Assignment of the option | ||
EXERCISE_GAIN | Gain due to Exercise of the option | ||
EXERCISE_LOSS | Loss due to Exercise of the option | ||
EXPIRY_GAIN | Gain due to Expiry of the Instrument | ||
EXPIRY_LOSS | Loss due to Expiry of the Instrument | ||
NOTIONAL_GAIN | Notional Gain in Pricing Currency | ||
NOTIONAL_LOSS | Notional Loss in Pricing Currency | ||
REALIZED_GAIN | Realized Gain in Pricing Currency | ||
REALIZED_LOSS | Realized Loss in Pricing Currency | ||
SOLD_ASSET | Sold Asset in Asset Currency | ||
SOLD_ASSET_DECR | Decrease in contract Positions in Asset Currency | ||
SOLD_ASSET_INCR | Incr. in Cont. Positions in Asset Currency | ||
SOLD_CCY_EQ | Equivalent Amount in Pricing Currency | ||
SOLD_CCY_EQ_DECR | Equivalent decrease in contract Positions in Pricing Currency | ||
SOLD_CCY_EQ_INCR | Equivalent increase in contract Positions in Pricing Currency | ||
SPOT_STRIKE_DIFF | Commodity spot minus Strike price of the option | ||
MG_SETLM_AMT_MREF | Margin Refund Amount | ||
MG_SETLM_AMT_MTOP | Margin Top Up Amount |
In addition to these, you can define any number of amount tags as per your requirement.
The following list contains details of the accounting Roles that are applicable to deals involving portfolio products.
Accounting Role | Description | Role Type | |||
---|---|---|---|---|---|
BR_SETLM_BRIDGE | Broker Settlement Bridge | Asset | |||
PF_SETLM_BRIDGE | Customer Settlement Bridge | Asset | |||
CONT_ASSET | Contingent Asset | Contingent Asset | |||
CONT_ASSET_OFF | Contingent Asset Offset | Contingent Asset | |||
CONT_LIAB | Contingent Liability | Contingent Liability | |||
CONT_LIAB_OFF | Contingent Liability Offset | Contingent Liability | |||
CONTROL | Control Asset | Asset | |||
EFP_GAIN | Gain due to Exchange of Futures | Income | |||
EXERCISE_GAIN | Gain due to Exercise of option | Income | |||
ASSIGN_GAIN | Gain due to Assignment of option | Income | |||
EXPIRY_GAIN | Gain due to Expiry of option | Income | |||
EFP_LOSS | Loss due to Exchange of Futures | Expense | |||
EXERCISE_LOSS | Loss due to Exercise of option | Expense | |||
ASSIGN_LOSS | Loss due to Assignment of option | Expense | |||
EXPIRY_LOSS | Loss due to Expiry of option | Expense | |||
TRADING_GAIN | Closure gain | Income | |||
TRADING_LOSS | Closure loss | Expense | |||
PREMIUM_PAID | Premium paid | Asset | |||
PREMIUM_RECVD | Premium received | Liability | |||
REALIZED_GAINS | Realized gains | Income | |||
REALIZED_LOSS | Realized loss | Expense | |||
REVAL_ASSET | Revaluation asset | Asset | |||
REVAL_LIAB | Revaluation liability | Liability | |||
UNREAL_EXPENSE | Unrealized expense | Expense | |||
UNREAL_INCOME | Unrealized income | Income | |||
BR_SETTLEMENT | Broker Settlement | ||||
BR_RECEIVABLE | Broker Receivable | ||||
BR_PAYABLE | Broker Payable | ||||
PF_SETTLEMENT | Portfolio Settlement | ||||
PF_PAYABLE | Portfolio Payable | ||||
PF_RECEIVABLE | Portfolio Receivable |
In the subsequent sections we have defined suggested accounting entries for each of the events in the life-cycle of deals involving your banks portfolio product.
Note
Some of the Amount Tag’s linked to the Accounting Roles are user defined.
Customer Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | PF_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Call & Put Options – O | ||||
Credit | BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT |
Own Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | CONT_ASSET | BOT_ASSET | Futures , Call Options – O,F | ||||
Credit | CONT_ASSET_OFF | SOLD_CCY_EQ | |||||
Debit | CONT_LIAB_OFF | BOT_CCY_EQ | Put options – O,F | ||||
Credit | CONT_LIAB | SOLD_ASSET | |||||
Debit | PREMIUM_PAID | DEAL_PREMIUM_AMT | Call & Put Options – O |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | REALIZED_GAIN | Debit | Future, Call and Put Options - F | ||||
REALIZED_GAINS | REALIZED_GAIN | Credit | Future, Call and Put Options - F | ||||
REALIZED_LOSS | REALIZED_LOSS | Debit | Future, Call and Put Options - F | ||||
BR_SETLM_BRIDGE | REALIZED_LOSS | Credit | Future, Call and Put Options - F | ||||
CONT_ASSET | BOT_ASSET_INCR | Debit | Future, Call Option-F | ||||
CONT_ASSET_OFF | SOLD_CCY_EQ_INCR | Credit | Future, Call Option-F | ||||
CONT_ASSET_OFF | SOLD_CCY_EQ_DECR | Debit | Future, Call Option-F | ||||
CONT_ASSET | BOT_ASSET_DECR | Credit | Future, Call Option-F | ||||
CONT_LIAB_OFF | BOT_CCY_EQ_INCR | Debit | Future, Put Option -F | ||||
CONT_LIAB | SOLD_ASSET_INCR | Credit | Future, Put Option -F | ||||
CONT_LIAB | BOT_CCY_EQ_DECR | Debit | Future, Put Option -F | ||||
CONT_LIAB_OFF | SOLD_ASSET_DECR | Credit | Future, Put Option -F | ||||
REVAL_ASSET | NOTIONAL_GAIN | Debit | Call & Put Option - C | ||||
UNREAL_INCOME | NOTIONAL_GAIN | Credit | Call & Put Option - C | ||||
UNREAL_EXPENSE | NOTIONAL_LOSS | Debit | Call & Put Option - C | ||||
REVAL_LIAB | NOTIONAL_LOSS | Credit | Call & Put Option - C |
Customer Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | BR_SETLM_BRIDGE | CLOSE_PRICE_PREMIUM | Futures, Call & Put Options – O,F | ||||
Credit | PF_SETLM_BRIDGE | CLOSE_PRICE_PREMIUM | |||||
Debit | PF_SETLM_BRIDGE | BOOK_VALUE | Futures, Call & Put Options – O,F | ||||
Credit | BR_SETLM_BRIDGE | BOOK_VALUE |
Own Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | CONT_ASSET | BOT_ASSET_INCR | Futures , Call Option - F | ||||
Credit | CONT_ASSET_OFF | SOLD_CCY_EQ_INCR | |||||
Debit | CONT_ASSET_OFF | SOLD_CCY_EQ_DECR | Futures , Call Option – F | ||||
Credit | CONT_ASSET | BOT_ASSET_DECR | |||||
Debit | CONT_LIAB_OFF | BOT_CCY_EQ_INCR | Futures , Put Option - F | ||||
Credit | CONT_LIAB | SOLD_ASSET_INCR | |||||
Debit | CONT_LIAB | SOLD_ASSET_DECR | Futures , Put Option – F | ||||
Credit | CONT_LIAB_OFF | BOT_CCY_EQ_DECR | |||||
Debit | CONT_ASSET_OFF | BOT_CCY_EQ | Future, Call Options – F & O | ||||
Credit | CONT_ASSET | SOLD_ASSET | |||||
Debit | CONT_LIAB | BOT_ ASSET | Future, Put Options – F & O | ||||
Credit | CONT_LIAB_OFF | SOLD_ CCY_EQ | |||||
Debit | BR_SETLM_BRIDGE | CLOSE_PRICE_PREMIUM | Futures, Call & Put Options – F, O | ||||
Credit | CONTROL | CLOSE_PRICE_PREMIUM | |||||
Debit | CONTROL | BOOK_VALUE | Futures, Call & Put Options – F | ||||
Credit | BR_SETLM_BRIDGE | BOOK_VALUE | |||||
Debit | CONTROL | AVG_PREMIUM_PAID | Call & Put Options – O | ||||
Credit | PREMIUM_PAID | AVG_PREMIUM_PAID | |||||
Debit | CONTROL | CLOSURE_GAIN | Futures, Call & Put Options – F, O | ||||
Credit | TRADING_GAIN | CLOSURE_GAIN | |||||
Debit | TRADING_LOSS | CLOSURE_LOSS | Futures, Call & Put Options – F, O | ||||
Credit | CONTROL | CLOSURE_LOSS | |||||
Debit | CONT_ASSET | BOT_ASSET_INCR | Futures , Call Option - F | ||||
Credit | CONT_ASSET_OFF | SOLD_CCY_EQ_INCR | |||||
Debit | CONT_ASSET_OFF | SOLD_CCY_EQ_DECR | Futures , Call Option – F | ||||
Credit | CONT_ASSET | BOT_ASSET_DECR | |||||
Debit | CONT_LIAB_OFF | BOT_CCY_EQ_INCR | Futures , Put Option - F | ||||
Credit | CONT_LIAB | SOLD_ASSET_INCR | |||||
Debit | CONT_LIAB | SOLD_ASSET_DECR | Futures , Put Option – F | ||||
Credit | CONT_LIAB_OFF | BOT_CCY_EQ_DECR | |||||
Debit | CONT_ASSET_OFF | BOT_CCY_EQ | Future, Call Options – F & O | ||||
Credit | CONT_ASSET | SOLD_ASSET | |||||
Debit | CONT_LIAB | BOT_ ASSET | Future, Put Options – F & O | ||||
Credit | CONT_LIAB_OFF | SOLD_ CCY_EQ |
Customer Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Call & Put Options – O | ||||
Credit | PF_SETLM_BRIDGE | DEAL_PREMIUM_AMT |
Own Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | CONT_ASSET | BOT_ASSET | Put Option – O,F | ||||
Credit | CONT_ASSET_OFF | SOLD_CCY_EQ | |||||
Debit | CONT_LIAB_OFF | BOT_CCY_EQ | Futures, Call Option – O,F | ||||
Credit | CONT_LIAB | SOLD_ASSET | |||||
Debit | BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Call & Put Options - O |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | REALIZED_GAIN | Debit | Future, Call and Put Options -F | ||||
REALIZED_GAINS | REALIZED_GAIN | Credit | Future, Call and Put Options -F | ||||
REALIZED_LOSS | REALIZED_LOSS | Debit | Future, Call and Put Options -F | ||||
BR_SETLM_BRIDGE | REALIZED_LOSS | Credit | Future, Call and Put Options -F | ||||
CONT_ASSET | BOT_ASSET_INCR | Debit | Put Option – F | ||||
CONT_ASSET_OFF | SOLD_CCY_EQ_INCR | Credit | Put Option –F | ||||
CONT_ASSET_OFF | SOLD_CCY_EQ_DECR | Debit | Put Option –F | ||||
CONT_ASSET | BOT_ASSET_DECR | Credit | Put Option –F | ||||
CONT_LIAB_OFF | BOT_CCY_EQ_INCR | Debit | Call Option –F , Futures | ||||
CONT_LIAB | SOLD_ASSET_INCR | Credit | Call Option –F , Futures | ||||
CONT_LIAB | SOLD_CCY_EQ-DECR | Debit | Call Option –F , Futures | ||||
CONT_LIAB_OFF | BOT_ASSET_DECR | Credit | Call Option –F , Futures | ||||
REVAL_ASSET | NOTIONAL_GAIN | Debit | Call & Put Options -O | ||||
UNREAL_INCOME | NOTIONAL_GAIN | Credit | Call & Put Options -O | ||||
UNREAL_EXPENSE | NOTIONAL_LOSS | Debit | Call & Put Options -O | ||||
REVAL_LIAB | NOTIONAL_LOSS | Credit | Call & Put Options -O |
Customer Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | PF_SETLM_BRIDGE | CLOSE_PRICE_PREMIUM | Futures,Call & Put Options – O,F | ||||
Credit | BR_SETLM_BRIDGE | CLOSE_PRICE_PREMIUM | |||||
Debit | BR_SETLM_BRIDGE | BOOK_VALUE | Futures, Call & Put Options – O,F | ||||
Credit | PF_SETLM_BRIDGE | BOOK_VALUE |
Own Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | CONT_ASSET | BOT_ASSET_INCR | Put Options – O, F | ||||
Credit | CONT_ASSET_OFF | SOLD_CCY_EQ_INCR | |||||
Debit | CONT_ASSET_OFF | SOLD_CCY_EQ_DECR | Put Options – O, F | ||||
Credit | CONT_ASSET | BOT_ASSET_DECR | |||||
Debit | CONT_LIAB_OFF | BOT_CCY_EQ_INCR | Future, Call Option – F | ||||
Credit | CONT_LIAB | SOLD_ASSET_INCR | |||||
Debit | CONT_LIAB | SOLD_ASSET_DECR | Future, Call Option – F | ||||
Credit | CONT_LIAB_OFF | BOT_CCY_EQ_DECR | |||||
Debit | CONT_ASSET_OFF | BOT_CCY_EQ | Put Options – O, F | ||||
Credit | CONT_ASSET | SOLD_ASSET | |||||
Debit | CONT_LIAB | BOT_ASSET | Futures, Call Options – O, F | ||||
Credit | CONT_LIAB_OFF | SOLD_CCY_EQ | |||||
Debit | CONTROL | CLOSE_PRICE_PREMIUM | Futures, Call & Put Options – F | ||||
Credit | BR_SETLM_BRIDGE | CLOSE_PRICE_PREMIUM | |||||
Debit | BR_SETLM_BRIDGE | BOOK_VALUE | Futures, Call & Put Options – F | ||||
Credit | CONTROL | BOOK_VALUE | |||||
Debit | PREMIUM_RECVD | AVG_PREMIUM_RECEIVED | Call & Put Options – O | ||||
Credit | CONTROL | AVG_PREMIUM_RECEIVED | |||||
Debit | CONTROL | CLOSURE_GAIN | Call & Put Options – O | ||||
Credit | TRADING_GAIN | CLOSURE_GAIN | |||||
Debit | TRADING_LOSS | CLOSURE_LOSS | Call & Put Options - O | ||||
Credit | CONTROL | CLOSURE_LOSS |
Customer Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | PF_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Call & Put Options –F | ||||
Credit | BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT |
Own Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | CONT_ASSET_OFF | SOLD_CCY_EQ | Call Options – O, F | ||||
Credit | CONT_ASSET | BOT_ASSET | |||||
Debit | CONT_LIAB | SOLD_ASSET | Put Options – O & F | ||||
Credit | CONT_LIAB_OFF | BOT_CCY_EQ | |||||
Debit | CONTROL | AVG_PREMIUM_PAID | Call & Put Options – O | ||||
Credit | PREMIUM_PAID | AVG_PREMIUM_PAID | |||||
Debit | EXPIRY_LOSS | EXPIRY_LOSS | Call & Put Options – O, F | ||||
Credit | CONTROL | EXPIRY_LOSS | |||||
Debit | CONTROL | DEAL_PREMIUM_AMT | Call & Put Options - F | ||||
Credit | BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT |
Customer Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Call & Put Options –F | ||||
Credit | PF_SETLM_BRIDGE | DEAL_PREMIUM_AMT |
Own Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | CONT_ASSET_OFF | SOLD_CCY_EQ | Put Options – O, F | ||||
Credit | CONT_ASSET | BOT_ASSET | |||||
Debit | CONT_LIAB | SOLD_ASSET | Call Options – O & F | ||||
Credit | CONT_LIAB_OFF | BOT_CCY_EQ | |||||
Debit | PREMIUM_RECVD | AVG_PREMIUM_RCEIVED | Call & Put Options – O | ||||
Credit | CONTROL | AVG_PREMIUM_RCEIVED | |||||
Debit | CONTROL | EXPIRY_GAIN | Call & Put Options – O, F | ||||
Credit | EXPIRY_GAIN | EXPIRY_GAIN | |||||
Debit | BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Call & Put Options - F | ||||
Credit | CONTROL | DEAL_PREMIUM_AMT |
Customer Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | BR_SETLM_BRIDGE | SPOT_STRIKE_DIFF | Call & Put Options –F,O | ||||
Credit | PF_SETLM_BRIDGE | SPOT_STRIKE_DIFF | |||||
Debit | PF_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Call & Put Options –F | ||||
Credit | BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT |
Own Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | CONT_ASSET_OFF | SOLD_CCY_EQ | Call Option – O & F | ||||
Credit | CONT_ASSET | BOT_ASSET | |||||
Debit | CONT_LIAB | SOLD_ASSET | Put Option – O & F | ||||
Credit | CONT_LIAB_OFF | BOT_CCY_EQ | |||||
Debit | CONTROL | AVG_PREMIUM_PAID | Call & Put options – O | ||||
Credit | PREMIUM_PAID | AVG_PREMIUM_PAID | |||||
Debit | BR_SETLM_BRIDGE | SPOT_STRIKE_DIFF | Call & Put options – O, F | ||||
Credit | CONTROL | SPOT_STRIKE_DIFF | |||||
Debit | CONTROL | EXERCISE_GAIN | Call & Put options – O, F | ||||
Credit | REALIZED_GAIN | EXERCISE_GAIN | |||||
Debit | REALIZED_LOSS | EXERCISE_LOSS | Call & Put options – O, F | ||||
Credit | CONTROL | EXERCISE_LOSS | |||||
Debit | CONTROL | DEAL_PREMIUM_AMT | Call & Put Options - F | ||||
Credit | BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT |
Customer Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | PF_SETLM_BRIDGE | SPOT_STRIKE_DIFF | Call & Put Options –F,O | ||||
Credit | BR_SETLM_BRIDGE | SPOT_STRIKE_DIFF | |||||
Debit | BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Call & Put Options –F | ||||
Credit | PF_SETLM_BRIDGE | DEAL_PREMIUM_AMT |
Own Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | CONT_ASSET_OFF | SOLD_CCY_EQ | Put Option – O, F | ||||
Credit | CONT_ASSET | BOT_ASSET | |||||
Debit | CONT_LIAB | SOLD_ASSET | Call option – O, F | ||||
Credit | CONT_LIAB_OFF | BOT_CCY_EQ | |||||
Debit | PREMIUM_RECVD | AVG_PREMIUM_RECEIVED | Call & Put options – O | ||||
Credit | CONTROL | AVG_PREMIUM_RECEIVED | |||||
Debit | CONTROL | SPOT_STRIKE_DIFF | Call & Put options – O, F | ||||
Credit | BR_SETLM_BRIDGE | SPOT_STRIKE_DIFF | |||||
Debit | ASSIGN_LOSS | EXERCISE_ASSIGN_LOSS | Call & Put options – O, F | ||||
Credit | EXERCISE_ASSIGN_LOSS | CONTROL | |||||
Debit | EXERCISE_ASSIGN_GAIN | CONTROL | Call & Put options – O, F | ||||
Credit | EXERCISE_ASSIGN_GAIN | ASSIGN_GAIN | |||||
Debit | DEAL_PREMIUM_AMT | BR_SETLM_BRIDGE | Call & Put options – F | ||||
Credit | DEAL_PREMIUM_AMT | CONTROL |
Customer Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | BR_SETLM_BRIDGE | EFP_GAIN | Futures | ||||
Credit | PF_SETLM_BRIDGE | EFP_GAIN | |||||
Debit | PF_SETLM_BRIDGE | EFP_LOSS | Futures | ||||
Credit | BR_SETLM_BRIDGE | EFP_LOSS |
Own Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | BR_SETLM_BRIDGE | EFP_GAIN | Futures | ||||
Credit | REALIZED_GAINS | EFP_GAIN | |||||
Debit | EFP_LOSS | EFP_LOSS | Futures | ||||
Credit | BR_SETLM_BRIDGE | EFP_LOSS | |||||
Debit | CONT_ASSET | BOT_ASSET_INCR | Futures | ||||
Credit | CONT_ASSET_OFF | SOLD_CCY_EQ_INCR | |||||
Debit | CONT_ASSET_OFF | SOLD_CCY_EQ_DECR | Futures | ||||
Credit | CONT_ASSET | BOT_ASSET_DECR | |||||
Debit | CONT_ASSET_OFF | SOLD_CCY_EQ | Futures | ||||
Credit | CONT_ASSET | BOT_ASSET |
Customer Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | BR_SETLM_BRIDGE | EFP_GAIN | Futures | ||||
Credit | PF_SETLM_BRIDGE | EFP_GAIN | |||||
Debit | PF_SETLM_BRIDGE | EFP_LOSS | Futures | ||||
Credit | BR_SETLM_BRIDGE | EFP_LOSS |
Own Portfolio
Dr/Cr | Accounting Role | Amount Tag | Applicable | ||||
---|---|---|---|---|---|---|---|
Debit | BR_SETLM_BRIDGE | EFP_GAIN | Futures | ||||
Credit | REALIZED_GAINS | EFP_GAIN | |||||
Debit | EFP_LOSS | EFP_LOSS | Futures | ||||
Credit | BR_SETLM_BRIDGE | EFP_LOSS | |||||
Debit | CONT_LIAB_OFF | BOT_CCY_EQ_INCR | Futures | ||||
Credit | CONT_LIAB | SOLD_ASSET_INCR | |||||
Debit | CONT_LIAB | BOT_CCY_EQ_DECR | Futures | ||||
Credit | CONT_LIAB_OFF | SOLD_ASSET_DECR | |||||
Debit | CONT_LIAB | SOLD_ASSET | Futures | ||||
Credit | CONT_LIAB_OFF | BOT_CCY_EQ |
Note
While reversing the accounting entries will be reversed.
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | REALIZED_GAIN | Debit | Futures, Call & Put Options - F | ||||
REALIZED_GAINS | REALIZED_GAIN | Credit | |||||
REALIZED_LOSS | REALIZED_LOSS | Debit | Futures, Call & Put Options – F | ||||
BR_SETLM_BRIDGE | REALIZED_LOSS | Credit | |||||
CONT_ASSET | BOT_ASSET_INCR | Debit | Futures, Call Options - F | ||||
CONT_ASSET_OFF | SOLD_CCY_EQ_INCR | Credit | |||||
CONT_ASSET_OFF | SOLD_CCY_EQ_DECR | Debit | Futures, Call Options – F | ||||
CONT_ASSET | BOT_ASSET_DECR | Credit | |||||
CONT_LIAB_OFF | BOT_CCY_EQ_INCR | Debit | Futures, Put Options - F | ||||
CONT_LIAB | SOLD_ASSET_INCR | Credit | |||||
CONT_LIAB_OFF | BOT_CCY_EQ_DECR | Debit | Futures, Put Options – F | ||||
CONT_LIAB | SOLD_ASSET_DECR | Credit | |||||
REVAL_ASSET | NOTIONAL_GAIN | Debit | Call & Put Option – O | ||||
UNREAL_INCOME | NOTIONAL_GAIN | Credit | |||||
UNREAL_EXPENSE | NOTIONAL_LOSS | Debit | Call & Put Option - O | ||||
REVAL_LIAB | NOTIONAL_LOSS | Credit |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | REALIZED_GAIN | Debit | Futures, Call & Put Options - F | ||||
REALIZED_GAINS | REALIZED_GAIN | Credit | |||||
REALIZED_LOSS | REALIZED_LOSS | Debit | Futures, Call & Put Options – F | ||||
BR_SETLM_BRIDGE | REALIZED_LOSS | Credit | |||||
CONT_ASSET | BOT_ASSET_INCR | Debit | Put Options - F | ||||
CONT_ASSET_OFF | SOLD_CCY_EQ_INCR | Credit | |||||
CONT_ASSET_OFF | SOLD_CCY_EQ_DECR | Debit | Put Options – F | ||||
CONT_ASSET | BOT_ASSET_DECR | Credit | |||||
CONT_LIAB_OFF | BOT_CCY_EQ_INCR | Debit | Futures, Call Options - F | ||||
CONT_LIAB | SOLD_ASSET_INCR | Credit | |||||
CONT_LIAB_OFF | BOT_CCY_EQ_DECR | Debit | Futures, Call Options – F | ||||
CONT_LIAB | SOLD_ASSET_DECR | Credit | |||||
REVAL_ASSET | NOTIONAL_GAIN | Debit | Call & put Options - O | ||||
UNREAL_INCOME | NOTIONAL_GAIN | Credit | |||||
UNREAL_EXPENSE | NOTIONAL_LOSS | Debit | Call & put Options - O | ||||
REVAL_LIAB | NOTIONAL_LOSS | Credit |
In this section we have defined suggested accounting entries for each of the events in the life-cycle of deals involving customer portfolio product.
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
PF_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Debit | Call & Put Options -O | ||||
BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Credit | Call & Put Options -O |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | REALISED_GAIN | Debit | Call & Put Options – F, Futures | ||||
PF_SETLM_BRIDGE | REALISED_GAIN | Credit | Call & Put Options – F, Futures | ||||
PF_SETLM_BRIDGE | REALISED_LOSS | Debit | Call & Put Options – F, Futures | ||||
BR_SETLM_BRIDGE | REALISED_LOSS | Credit | Call & Put Options – F, Futures |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | CLOSE_PRICE_PREMIUM | Debit | Call Options – O & F, Put Options – O & F, Futures | ||||
PF_SETLM_BRIDGE | CLOSE_PRICE_PREMIUM | Credit | Call Options – O & F, Put Options – O & F, Futures | ||||
PF_SETLM_BRIDGE | BOOK_VALUE | Debit | Call Options – O & F, Put Options – O & F, Futures | ||||
BR_SETLM_BRIDGE | BOOK_VALUE | Credit | Call Options – O & F, Put Options – O & F, Futures |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Debit | Call Option – O, Put Option -O | ||||
PF_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Credit | Call Option – O, Put Option -O |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | REALISED_GAIN | Debit | Call & Put Options – F, Futures | ||||
PF_SETLM_BRIDGE | REALISED_GAIN | Credit | Call & Put Options – F, Futures | ||||
PF_SETLM_BRIDGE | REALISED_LOSS | Debit | Call & Put Options – F, Futures | ||||
BR_SETLM_BRIDGE | REALISED_LOSS | Credit | Call & Put Options – F, Futures |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
PF_SETLM_BRIDGE | CLOSE_PRICE_ PREMIUM |
Debit | Call Options – O & F, Put Options – O & F, Futures | ||||
BR_SETLM_BRIDGE | CLOSE_PRICE_PREMIUM | Credit | Call Options – O & F, Put Options – O & F, Futures | ||||
BR_SETLM_BRIDGE | BOOK_VALUE | Debit | Call Options – O & F, Put Options – O & F, Futures | ||||
PF_SETLM_BRIDGE | BOOK_VALUE | Credit | Call Options – O & F, Put Options – O & F, Futures |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
PF_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Debit | Call & Put Options - F | ||||
BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Credit | Call & Put Options - F |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Debit | Call & Put Options - F | ||||
PF_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Credit | Call & Put Options - F |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | SPOT_STRIKE_DIFF | Debit | Call Option – O & F, Put option – O & F | ||||
PF_SETLM_BRIDGE | SPOT_STRIKE_DIFF | Credit | Call Option – O & F, Put option – O & F | ||||
PF_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Debit | Call & Put option -F | ||||
BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Credit | Call & Put option -F |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
PF_SETLM_BRIDGE | SPOT_STRIKE_DIFF | Debit | Call Option – O & F, Put option – O & F | ||||
BR_SETLM_BRIDGE | SPOT_STRIKE_DIFF | Credit | Call Option – O & F, Put option – O & F | ||||
BR_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Debit | Call & Put option -F | ||||
PF_SETLM_BRIDGE | DEAL_PREMIUM_AMT | Credit | Call & Put option -F |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | EFP_GAIN | Debit | Future | ||||
PF_SETLM_BRIDGE | EFP_GAIN | Credit | Future | ||||
PF_SETLM_BRIDGE | EFP_LOSS | Debit | Future | ||||
BR_SETLM_BRIDGE | EFP_LOSS | Credit | Future |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | EFP_GAIN | Debit | Future | ||||
PF_SETLM_BRIDGE | EFP_GAIN | Credit | Future | ||||
PF_SETLM_BRIDGE | EFP_LOSS | Debit | Future | ||||
BR_SETLM_BRIDGE | EFP_LOSS | Credit | Future |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | REALIZED_GAIN | Debit | Futures,Call & Put Options –F | ||||
PF_SETLM_BRIDGE | REALIZED_GAIN | Credit | |||||
PF_SETLM_BRIDGE | REALIZED_LOSS | Debit | Futures,Call & Put Options –F | ||||
BR_SETLM_BRIDGE | REALIZED_LOSS | Credit |
Accounting Role | Amount Tag | Dr./Cr. Indicator | Applicable | ||||
---|---|---|---|---|---|---|---|
BR_SETLM_BRIDGE | REALIZED_GAIN | Debit | Futures,Call & Put Options –F | ||||
PF_SETLM_BRIDGE | REALIZED_GAIN | Credit | |||||
PF_SETLM_BRIDGE | REALIZED_LOSS | Debit | Futures,Call & Put Options –F | ||||
BR_SETLM_BRIDGE | REALIZED_LOSS | Credit |