6. Inward Retail Bill Contract

6.1 Introduction

This chapter explains the process to create and maintain inward retail bills contracts in Oracle FLEXCUBE.

This chapter contains the following sections:

6.2 Inward Retail Bills/Cheques for Collection

This section contains the following topics:

6.2.1 Creating Inward Retail Bills/Cheques for Collection

You can create an inward retail bill/cheque for collection using the ‘Retail Bills-Inward Contract Details’ screen. You can invoke the Contract input screen by typing ‘RBDICONL’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

In this screen, you can enter information relating to the following types of transactions:

For any Inward Contract you create in Oracle FLEXCUBE, you can define generic attributes, such as Advices, Events and Settlements, MIS details, Charge details etc, by clicking on the appropriate icon in the horizontal array of buttons in this screen.

Specify the following details:

Instrument Code

Select the instrument code from the option list. The list contains only those instruments for selection which are linked to the following product types:

Instrument Description

The system displays the description of the instrument code selected.

Product Code

Select a product code from the available list of products for the selected instrument code. For selecting the product code, system allows only those products which are of product type ‘Inward Bills for Collection’ or ‘Inward Cheque for Collection’.

Product Description

System displays the description for the product code selected above.

Contract Reference Number

System generates and displays a unique reference number for the contract being booked and the reference is used in all accounting entries and transactions related to this contract.

User reference Number

By default, contract reference number is displayed. However, you can change this value when required.

External Reference Number

Specify an external system’s reference for this contract and it is used when the contract is being uploaded from an external system.

Batch Reference Number

Select a reference number from the option list. Batch reference number is applicable only when an instrument needs to be added to a batch that has been already booked. Batch reference number of the bulk contracts booked on current date for the selected instrument type will be displayed here.

For adding a reference number to a batch, the common attributes of the batch should match with the attributes of reference number.

Batch Sequence Number

The system generates a batch sequence number only for contracts that are to be considered as part of a batch. The value is applicable only if the batch reference number is selected.

6.2.2 Main Tab

Specify the following details:

Counterparty Details

Counterparty Identification

Select the customer Identification from whom the proceeds need to be collected from the adjoining option list.

Counterparty Name

System displays the name of the customer.

Account Branch

The system displays the branch to which the customer account belongs.

Counterparty Account number

Select the account number of the customer from the adjoining option list.

To view the joint holder’s details of an account and the mode of operation maintained at the account level, place the cursor on the Counterparty Account Number field and press Ctrl+J. The system displays the ‘Joint Holder’ screen.

For more information on the ‘Joint Holder’ screen refer to the section ‘Joint Holder Maintenance’ in the Core User Manual.

Remitting bank Details

Bank Code

Select the bank code of the remitting bank from the adjoining option list.

Bank Name

System displays the name of the remitting bank.

Reference Number

Specify the reference number of the remitting bank.

Correspondent (Bank)

Select the BIC code of the remitting bank’s correspondent from the adjoining option list.

Branch Code

System displays a branch of the remitting bank/ or the same bank’s branch from which the instrument is received for collection.

Branch Name

System displays the name of the branch corresponding to the branch code mentioned above.

Date

Specify a date on which the instrument is received for collection.

Correspondent (Bank) Account

Specify an account number of the remitting bank’s correspondent.

Instrument Details

Instrument Number

Specify a reference number of the instrument. In case of a cheque, the cheque number is the instrument number.

Instrument Date

Specify the date of the bill or cheque.

Currency

Select the Instrument currency from the adjoining option list. System defaults the local currency as the bill currency for ‘Inward Bill’ type instruments and account currency for Inward Cheque type instruments. You can edit this value if needed.

Amount

Specify the bill/cheque amount.

Local Currency Amount

The system defaults the local currency amount on save or subsystem visit.

Other Party Details

Other Party Identification

Select the other party identification from the adjoining option list.

Other Party Name

The system displays the other party name, based on the other party identification selected.

Additional Details

Booking Date

System displays the current application date as the booking date of the contract. You cannot modify the booking date.

Maturity Date

Specify the maturity date of the bill type of instrument. This field is not applicable for Cheque type instrument and it will be cleared on save if provided.

Grace Days

Specify the grace days if any mentioned in the remitting bank instruction. This is the number of days from the due date for payment up to which the instrument can be paid without any dishonour or protest. This field is not applicable for Inward Cheque instruments and it will be cleared on save if provided.

Due Date for Payment

System displays the date on which the Instrument is due for payment.

For Inward Cheque Instruments, the Instrument Date is defaulted as the due date and if the booking date is greater than the instrument date then booking date is defaulted as the due date for payment.

Account Branch

System displays the account branch of the selected/defaulted Credit Account for Realization.

Credit Account for Realization

Select the relevant Nostro/Vostro account from the adjoining option list. If you do not select a credit account for realization, on saving the record, the system defaults the value from settlement instruction maintained in the system.'

To view the joint holder’s details of an account and the mode of operation maintained at the account level, place the cursor on the Credit Account for Realization field and press Ctrl+J. The system displays the ‘Joint Holder’ screen.

For more information on the ‘Joint Holder’ screen refer to the section ‘Joint Holder Maintenance’ in the Core User Manual.

Protest

Check this box to indicate that the bill/cheque should be protested in case of non-payment by the drawee and the value is captured here based on the remitting bank instructions.

This field value will be defaulted initially from the instrument maintenances during product default.

Auto Liquidation

Check this box to indicate that the instrument should be liquidated automatically on due date. By default, the system displays the status of the check-box as maintained for the product associated with the contract.

Liquidation with Booking

Check this box to indicate that the instrument will be liquidated along with booking.

Internal Remarks

Specify your remarks on the transaction.

6.2.3 Other Details Tab

Specify the following details:

Parties

When you click ‘Default' button on the Main tab, the system defaults the parties details under this tab.

The drawee details are displayed based on the counterparty ID specified in Main tab. The drawer details are displayed based on the other party ID specified in the Main tab. The remitting bank details are displayed based on the remitting bank code captured in Main tab.

Party Type

The system displays the party type here.

Party Identification

The system displays the party Identification based on the Customer Identification Number defined in the main tab.

Party Name

System defaults the name based on the CIF. This can be modified if walk-in Customer captured as the corresponding Party.

Country

System defaults the value for the field based on the party identification defined. However, you can modify this for walk-in as well as non walk-in party.

Address Line 1

System displays the value for the field based on the CIF defined in the main tab. However, you can modify this for walk-in as well as non walk-in party.

Address Line 2

System displays the value for the field based on the CIF defined in the main tab. However, you can modify this for walk-in as well as non walk-in party.

Address Line 3

System displays the value for the field based on the CIF defined in the main tab. However, you can modify this for walk-in as well as non walk-in party.

Address Line 4

System displays the value for the field based on the CIF defined in the main tab. However, you can modify this for walk-in as well as non walk-in party.

Language

System defaults the value for the language field based on the CIF defined in the main tab. However, you can modify this for walk-in as well as non walk-in party.

Dishonour Details

Reason Code

In case of dishonour of an instrument, you need to select the dishonour reason code from the adjoining option list.

Reason

System displays the description for the reason code selected above.

Once you have specified the above details, click ‘Save’ button to save the contract.

6.2.4 Capturing Additional Details for Inward Retail Bill/Cheque for Collection

A horizontal array of buttons are provided at the bottom of the screen for capturing additional details. You can capture/view the following additional details inward retail cheque/bill for collection.

For further details on these sub-systems, refer to the section 'Capturing Additional Details for Outward Retail Bills/Cheques for Collection' in chapter 'Outward Retail Bill Contract' of this user manual.

6.2.5 Viewing Summary of Inward Retail Bill/Cheque for Collection

You can view a summary of inward retail bill/cheque for collection in ‘Retail Bills-Inward Contract-Summary’ screen. To invoke this screen, type ‘RBSICONL’ in the field at the top right corner of the application toolbar and click the adjoining arrow button.

You can search for the records based on one or more of the following parameters:

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria. You can view the following details of the resultant records:

6.3 Amend Inward Retail Bills/Cheques for Collection

This section contains the following topics:

6.3.1 Amending Inward Retail Bills/Cheques for Collection

You can amend certain details of an existing contract based on the user request.The amendment process is initiated for an existing contract from the 'Retail Bills-Inward Contract Details' screen by using 'unlock' option.

You can invoke ‘Retail Bills-Inward Contract Details’ screen by typing ‘RBDICONL’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

The amendment of an existing contract is allowed in the following scenarios:

6.3.2 Main Tab

Following fields are editable for amendment:

6.3.3 Other Details Tab

Following fields are editable for amendment:

You can amend the details for the following subsystems:

For detailed information on Settlements, Charges, MIS and Fields, refer ‘Contract Input – Inward Retail Bills/Cheques for Collection of this User Manual.

6.4 Realizing of Inward Retail Bills/Cheques for Collection

You can invoke ‘Retail Bills-Inward Contract Realization Details’ screen by typing ‘RBDIREAL’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

This screen is used for realization of inward retail bills/cheques for collection.

Specify the following details:

Contract Reference Number

Selects the Contract reference number of the instrument for which the realization needs to be done from the adjoining option list.

Once you have specified the contract reference number, click ‘P’ button to populate the contract details associated with it.

Contract Details

Counterparty Identification

System displays the Customer Identification based on the contract reference number selected.

Counterparty Name

System displays the name of the customer based on the contract reference number selected.

Other Party Identification

System displays the Other Party Identification based on the contract reference number selected.

Other Party Name

System displays the Other Party Name based on the contract reference number selected.

Instrument Number

System displays the Instrument number based on the contract reference number selected.

Instrument Date

System displays the Instrument date based on the contract reference number selected.

Currency

System displays the Currency of the bill/cheque.

Amount

System displays the amount of the bill/cheque.

Due Date

System displays the due date based on the contract reference number selected.

Remitting Bank Details

Bank Code

System displays the bank code for the selected contract.

Bank Name

System displays the bank name for the selected contract.

Bank Reference Number

System displays the remitting bank reference number based on the contract reference selected.

Correspondent (Bank)

By default, system displays the BIC code of the Remitting Bank’s Correspondent which is captured during the booking of an inward contract. However you can edit this value when needed.

Branch Code

System displays the branch code for the selected contract.

Branch Name

System displays the branch name for the selected contract.

Date

System displays the date of the collection schedule which is sent by the remitting bank.

Correspondent (Bank) Account

By default, system displays the account number of the Remitting Bank’s Correspondent which is captured during the booking of an inward contract. However you can edit this value when needed.

Realization Details

Counterparty Account Number

Select an account number from which the proceeds should be debited and initially the value is defaulted from the contract input screen. However you can edit this value by choosing from the adjoining option list.

Account Number selected during Contract Input will be defaulted in this field. However you can edit this value by choosing from the adjoining option list.

To view the joint holder’s details of an account and the mode of operation maintained at the account level, place the cursor on the Counterparty Account Number field and press Ctrl+J. The system displays the ‘Joint Holder’ screen.

For more information on the ‘Joint Holder’ screen refer to the section ‘Joint Holder Maintenance’ in the Core User Manual.

Account Branch

System displays the branch associated with the account number mentioned above.

Credit Account for Realization

By default, the credit account for realization specified in the contract input screen is used. However you can edit this value by selecting from the adjoining option list.

To view the joint holder’s details of an account and the mode of operation maintained at the account level, place the cursor on the Credit Account for Realization field and press Ctrl+J. The system displays the ‘Joint Holder’ screen.

For more information on the ‘Joint Holder’ screen refer to the section ‘Joint Holder Maintenance’ in the Core User Manual.

Credit Account Branch

System displays the branch associated with the account mentioned above.

Value Date

By default, application date is used, However you can edit this value.

Charges Deducted

Specify the charges of the bank here and the system will debit from proceeds being remitted to the remitting bank.

Net Realized Amount

System displays the net realized amount based on the instrument amount and charges.

Here, Net realized amount = Instrument amount - Charges deducted.

Dishonour Reason Code

Specify a reason code from the adjoining option list. The code is applicable when the liquidation fails due to insufficient balance in the account or there is a restriction in the account.

Dishonour Reason

System displays a description for the dishonour reason here.

Once you have specified the above details, click ‘Save’ button to save the contract.

6.5 Capturing Additional Details for Realization of Inward Retail Bill/Cheque for Collection

A horizontal array of buttons are provided at the bottom of the screen for capturing additional details. You can capture/view the following additional details on realization of inward retail cheque/bill for collection.

For further details on these sub-systems, refer to the section 'Capturing Additional Details for Outward Retail Bills/Cheques for Collection' in chapter 'Outward Retail Bill Contract' of this user manual.

6.5.1 Viewing Summary of Inward Retail Bills/Cheques for Collection Realiza­tion

You can view a summary of inward contract realization in ‘Retail Bills - Inward Contract Realization - Summary’ screen. To invoke this screen, type ‘RBSIREAL’ in the field at the top right corner of the application toolbar and click the adjoining arrow button.

You can search for the records based on one or more of the following parameters:

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria. You can view the following details of the resultant records:

6.6 Dishonour/Protest /Return Details of Inward Retail Bills/Cheques for Collection

This section contains the following topics:

6.6.1 Capturing Dishonour/Protest /Return Details of Inward Retail Bills/Cheques for Collection

Dishonour/Protest/Return of Retail Bills/Cheques is handled through a common screen for both outward and inward instruments. You can invoke this screen by typing ‘RBDDPROL’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

The ‘Dishonour-Protest-Return Details’ screen is used to capture dishonour, return and protest details of retail instruments.

Specify the following details:

Contract Reference Number

Select the Contract reference number of the instrument which needs to be dishonoured/protested/returned from the adjoining option list.

Once you have specified the contract reference number, click ‘P’ button to populate the contract details.

Counterparty Details

Counterparty Identification

System displays the Counterparty identification based on the contract reference number selected.

Counterparty Name

System displays the Counterparty Name based on the contract reference number selected.

Other Party Details

Other Party Identification

System displays the other party identification based on the contract reference number selected.

Other Party Name

System displays the other party name based on the contract reference number selected.

Instrument Details

Instrument Number

System displays the instrument number for the selected contract.

Instrument Date

System displays the instrument date for the selected contract.

Currency

System displays the currency for the selected contract.

Amount

System displays the amount for the selected contract.

Collecting/Remitting Bank Details

Bank Code

System displays the bank code based on the contract reference number selected.

Bank Name

System displays the bank name based on the contract reference number selected.

Additional Details

Booking Date

System displays the booking date based on the contract reference number selected.

Dishonour/Protest/Return Reason

Reason Code

Select a reason code from the adjoining option list.

Reason

System displays a reason description based on the reason code selected.

Protest Details

Protest Date

Specify a date of protest.

The date of protest specified should not be earlier than the booking date or later than the system date. The protest date should not be earlier than dishonour date for instruments that are already dishonoured.

Notary Code

Select a notary code from the adjoining option list.

Notary Description

System displays the notary description based on the notary code selected and you can edit this value whenever required.

Dishonour Details

Dishonour Date

Specify a date of dishonour and it should not be earlier than the booking date or later than the system date.

Other Details

Other Bank Charges

In this field, you can specify the charges that are claimed by the other bank. However, this is not applicable for inward instruments.

Charges Claimed

Specify the Charges that are claimed by the bank from other bank.

Remarks

Specify your remarks on the transaction.

Return Details

Return Date

Specify a date of return of the instrument.

The return date should not be earlier than the booking date or later than the system date. The return date should not be earlier than dishonour date or protest date for an instrument which is already dishonoured/protested.

6.6.2 Capturing Additional Details for Dishonour/Protest/Return of Inward In­struments

A horizontal array of buttons are provided at the bottom of the screen for capturing additional details. You can capture/view the following additional details for dishonour, protest or return of inward instruments.

For further details on these sub-systems, refer to the section 'Capturing Additional Details for Outward Retail Bills/Cheques for Collection' in chapter 'Outward Retail Bill Contract' of this user manual.

6.6.3 Viewing Summary of Inward Dishonour/Protest/Return

Dishonour/Protest/Return of Retail Bills/Cheques is viewed through a common summary screen 'Dishonour-Protest-Return Details ' for both outward and inward instruments.You can invoke this screen by typing ‘RBSDPROL’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

.You can search for the records based on one or more of the following parameters:

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria. You can view the following details of the resultant records:

6.7 Inward Retail Bills/Cheques for Collection in Bulk

This section contains the following topics:

6.7.1 Creating Inward Retail Bills/Cheques for Collection in Bulk

You can book multiple retail inward bills/cheques for collection using 'Retail Bills -Bulk Inward Bill Booking Details' screen. This screen may be used when more than one inward instrument of the same instrument type is received, where the counterparty, other party, remitting bank and currency are the same for all the instruments.You can invoke this screen by typing ‘RBDBINOL’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

Here all the common details of instruments such as instrument code, product code, Counterparty details etc. will be captured as header and the individual instrument details such as amount, maturity date will be captured each contract wise in the multi record grid.Specify the following details:

Instrument Code

Select the instrument code from the adjoining option list.The list contains only those instruments for selection which are linked to the following Product Types:

Instrument Description

System displays the description of the instrument code selected.

Batch Reference Number

System generates and displays a unique reference number for the batch of instruments being booked.

Process Status

System displays the process status from the Bulk Reference Number here.

Product Code

Select the product under which the contract is being booked from the adjoining option list and the list displays only those products under product types that are allowed for the selected instrument code.

Product Description

System displays the description of the product here.

Counterparty Details

Counterparty Identification

Select the customer identification from the adjoining option list, for whom the bulk transactions needs to be done.

Counterparty Name

System displays the counter party name.

Counterparty Account Number

Select the counterparty account number for credit of bill/cheque proceeds and debit of charges (if any) from the adjoining option list. It lists only those accounts that belong to the customer.

To view the joint holder’s details of an account and the mode of operation maintained at the account level, place the cursor on the Counterparty Account Number field and press Ctrl+J. The system displays the ‘Joint Holder’ screen.

For more information on the ‘Joint Holder’ screen refer to the section ‘Joint Holder Maintenance’ in the Core User Manual.

Account Branch

System displays the name of the branch associated with the account.

Other party details

Other Party Identification

Select the other party Identification from the adjoining option list.

Other Party Name

System displays the other party name based on the other party Id selected.

Credit Account for Realization

Select the account number of the other party, which needs to be credited during realization from the adjoining option list.

To view the joint holder’s details of an account and the mode of operation maintained at the account level, place the cursor on the Credit Account for Realization field and press Ctrl+J. The system displays the ‘Joint Holder’ screen.

For more information on the ‘Joint Holder’ screen refer to the section ‘Joint Holder Maintenance’ in the Core User Manual.

Credit Account Branch

System displays the branch associated with the account.

Remitting Bank Details

Bank Code

Select the bank & branch of the remitting bank from the option list.

Bank Name

System displays the name of the remitting bank.

Correspondent (Bank)

Select the BIC code of the Remitting Bank’s correspondent from the adjoining option list.

Branch Code

System displays the branch of the remitting bank/ or the same bank’s branch from which the instrument is received.

Branch Name

System displays the name of the branch.

Correspondent (Bank) Account

Specify the account number of the Remitting Bank’s Correspondent

Additional Details

Booking Date

System displays a date on which the batch is booked.

Currency

Select the instrument currency from the adjoining option list.The system defaults the local currency as the instrument currency.You can edit this value if needed.

Protest

Check this box to indicate that protest should be lodged in case of non-payment.The value is captured based on the remitting bank instructions.

Auto Liquidation

Check this box to indicate that all the contracts in a batch should be auto liquidated on the due date.

Multi-Record Block

Contract Reference Number

System generates and displays a unique reference number for the contract.This reference is used in all accounting entries and transactions related to this contract.

Instrument Number

Specify an instrument number.

Instrument Date

Specify a date of the bill or cheque.

Amount

Specify the amount of bill or cheque.

Remitting Bank Reference Number

Specify the reference number of the remitting bank for the instrument.

Remitting Bank Date

Specify the date of the schedule sent by a remitting bank.

Local Currency Amount

System displays the amount that is converted into the local currency of the branch.

Maturity Date

Specify the maturity date of a bill.System allows the lodging of bills after the maturity date and shows an exception message while saving the bill contract. For cheques, the instrument date is defaulted as the maturity date.

Grace Days

Specify the grace days if any. The field is applicable only for bills.

Remarks

Specify your remarks on the transaction.

Process Status

System displays the process status of the individual transaction in the Bulk here.

Error – The Transaction processing is failed. “Show Error” subsystem displays the reason for failure.Once you have specified the above details, click ‘Save’ button to save the contract.

6.7.2 Viewing Override Details

Click ‘Show errors’ button in the ‘Retail Bills -Bulk Inward Bill Booking Details’ screen to view the list of overrides applicable in the life cycle of a retail bill.

The following details are displayed here:

Batch Reference Number

Specify a batch reference number. It is applicable only for contracts that are to be considered as part of a batch.

Batch Sequence Number

The system generates the batch sequence number only for contracts that are to be considered as part of a batch.The value is applicable only if the batch reference number is specified.

Errors

6.7.3 Viewing Summary of Inward Bulk Retail Bills/Cheques for Collection

You can view a summary of inward bulk retail bills/cheques for collection in ‘Retail Bills-Bulk Inward Bill Booking Details-Summary’ screen. To invoke this screen, type ‘RBSBINOL’ in the field at the top right corner of the application toolbar and click the adjoining arrow button.

You can search for the records based on one or more of the following parameters:

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria. You can view the following details of the resultant records:

6.8 Inward Bills in Bulk

This section contains the following topics:

6.8.1 Realizing Inward Bills in Bulk

You can realize the inward retail instruments in a bulk using 'Retail Bills-Bulk Inward Bill Realization Details' screen. You can invoke this screen by typing ‘RBDBIREA’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

Specify the following details:

Batch Reference Number

Select the Batch Reference number from the adjoining option list for which the bulk realization has to be done.

Once you have specified the above details click 'P' button to populate the details of the instruments in a batch.

Process Status

System displays the process status from the Bulk Reference Number here.

Bulk Realization Number

System generates and displays a unique bulk inward realization number.

Counterparty Details

Counterparty Identification

System displays the Customer Identification based on the batch reference selected.

Counterparty Name

System displays the name of the Customer based on the batch reference number selected.

Currency

System displays the Currency of the instruments in the Batch.

Other party Details

Other Party Identification

System displays Other party Identification based on the batch reference selected.

Other party name

System displays Other party name based on the batch reference selected.

Remitting Bank Details

Bank Code

System displays the bank code based on the batch reference selected.

Bank Name

System displays the bank name based on the batch reference selected.

Correspondent (Bank)

By default, system displays the BIC code of the Remitting Bank’s Correspondent which is captured during the booking of an inward contract. However you can edit this value when needed.

Branch Code

System displays the branch code based on the batch reference selected.

Branch Name

System displays the branch name based on the batch reference selected.

Correspondent (Bank) Account

By default, system displays the account number of the Remitting Bank’s Correspondent which is captured during the booking of an inward contract. However you can edit this value when needed.

Realization Details

Counterparty Account Number

Select an account number from which the proceeds should be debited and initially, the value is defaulted from the contract input screen.However you can edit this value by choosing from the adjoining option list.

To view the joint holder’s details of an account and the mode of operation maintained at the account level, place the cursor on the Counterparty Account Number field and press Ctrl+J. The system displays the ‘Joint Holder’ screen.

For more information on the ‘Joint Holder’ screen refer to the section ‘Joint Holder Maintenance’ in the Core User Manual.

Account Branch

System displays the branch associated with the account number mentioned above.

Credit Account for Realization

By default, the credit account for realization specified in the contract input screen is used. However, you can edit this value by selecting from the adjoining option list.

To view the joint holder’s details of an account and the mode of operation maintained at the account level, place the cursor on the Credit Account for Realization field and press Ctrl+J. The system displays the ‘Joint Holder’ screen.

For more information on the ‘Joint Holder’ screen refer to the section ‘Joint Holder Maintenance’ in the Core User Manual.

Credit Account Branch

System displays the branch associated with the account mentioned above.

Value Date

By default, application date is used, However you can edit this value.

Net Amount Realized

System displays the net realized amount based on the instrument amount and charges.

Here, Net realized amount = Instrument amount - Charges deducted.

Multi-Record Block

Contract Reference Number

System displays the contracts based on the batch reference number selected above.

Instrument Number

System displays the instrument number based on the batch reference number selected above.

Instrument Date

System displays an instrument number based on the batch reference number selected above.

Remitting Bank Reference Number

System displays a unique reference number based on the batch reference number selected above.

Remitting Bank Date

System displays a date of remitting bank’s acknowledgment based on the batch reference number selected above.

Amount

System displays the contract amount.

Net Amount Realized

System displays a net realized amount for the instrument. However, you can modify this amount.

Other Bank Charges

System displays the difference of instrument amount and net realized amount as the 'other bank charges'.

Remarks

System displays the remarks on the transaction.

Process Status

System displays the process status of the individual transaction in the Bulk here.

6.8.2 Viewing Override Details

Click ‘Show errors’ button in the ‘Retail Bills-Bulk Inward Bill Realization Details’ screen to view the list of overrides applicable in the life cycle of a retail bill.

Batch Reference Number

Specify a batch reference number. It is applicable only for contracts that are to be considered as part of a batch.

Batch Sequence Number

The system generates the batch sequence number only for contracts that are to be considered as part of a batch. The value is applicable only if the batch reference number is specified.

The following details are displayed here:

6.8.3 Viewing Summary of Bulk Inward Retail Bill Realization

You can view a summary of inward bulk bill realization in ‘Retail Bills-Bulk Inward Realization Details-Summary’ screen. To invoke this screen, type ‘RBSBIREA’ in the field at the top right corner of the application toolbar and click the adjoining arrow button.

You can search for the records based on one or more of the following parameters:

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria. You can view the following details of the resultant records:

6.9 Inward Bulk Dishonour/Protest/Return Details

This section contains the following topics:

6.9.1 Capturing Inward Bulk Dishonour/Protest/Return Details

You can invoke the ‘Retail Bills-Inward Bulk Dishonour-Protest-Return Details‘ screen by typing ‘RBDBIDPR’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

Here, once you have specified a batch reference number in the ‘Retail Bills-Inward Bulk Dishonour-Protest-Return Details‘ screen, system populates the contracts which needs to be dishonoured/protested/ returned.

You can choose the required actions that can be applied to the contracts from the screen and system creates the relevant event and passes the necessary accounting entries for all the selected contracts in a batch.

Specify the following details:

Batch Reference Number

Select the batch reference of the instruments that needs to be Dishonoured/Protested/Returned from the adjoining option list.

Action

Specify a valid action that should be performed on the instrument in a batch. This adjoining list displays all valid actions maintained in the system. You can choose the appropriate one.

Select the action from the adjoining drop-down list. This list displays the following values:

Once you have specified the above details, click 'P' button to display the contracts in the multi record block.

Process Status

System displays the process status from the Bulk Reference Number here.

Bulk Dishonour/Protest/Return Number

System generates and displays a unique reference number for the bulk operation and it is a combination of 3-digit branch code, 4-char process code (ZBBO), 5-digit Julian date and a 4-digit serial number.

Counterparty Details

Counterparty identification

System displays a customer identification based on the batch reference number selected.

Counterparty Name

System displays the name of the customer based on the batch reference number selected.

Other Party Details

Other Party Identification

System displays the other party identification number.

Other Party name

System displays the name of the other party .

Remitting Bank Details

Bank Code

System displays the bank code of the remitting bank based on the batch reference number selected.

Bank Name

System displays the name of the remitting bank based on the batch reference number selected.

Return Date

By default, system date is displayed here if the action selected is 'Return'.However you can edit this value.

Branch Code

System displays the branch code based on the batch reference number selected.

Branch Name

System displays the branch name based on the batch reference number selected.

Multi-Block Record

Contract Reference Number

System displays a contract reference number based on the batch reference number and the action selected.

Instrument Number

System displays an instrument number based on the batch reference number and the action selected.

Instrument Date

System displays an instrument date based on the batch reference number and the action selected.

Remitting Bank Reference Number

System displays a remitting bank reference number based on the batch reference number and the action selected.

Currency

System displays a currency based on the batch reference number and the action selected.

Amount

System displays an amount based on the batch reference number and the action selected.

Reason Code

Select a reason code from the list if the instrument selected is dishonoured .This adjoining option list displays all the reason codes maintained in the reason code maintenance screen.You can choose the appropriate one.

Dishonour Date

Specify a date if the action selected is dishonour.The dishonour date should not be earlier than the booking date or later than the current system date, otherwise system generates an error message during save.

Notary Code

Select a notary code from the list if the action selected is protest .This adjoining option list displays all the notary codes defined in the notary maintenance screen.You can choose the appropriate one.

Protest Date

Specify a date if the action selected is protest.The protest date should not be earlier than the booking date and dishonour date or later than the current system date, otherwise system generates an error message during save.

Remarks

System displays your remarks on the transaction.

Process Status

System displays the process status of the individual transaction in the Bulk here.

6.9.2 Viewing Override Details

Click ‘Show errors’ button in the ‘Retail Bills-Inward Bulk Dishonour-Protest-Return Details’ screen to view the list of overrides applicable in the life cycle of a retail bill.

Batch Reference Number

Specify a batch reference number. It is applicable only for contracts that are to be considered as part of a batch.

Batch Sequence Number

The system generates the batch sequence number only for contracts that are to be considered as part of a batch. The value is applicable only if the batch reference number is specified.

The following details are displayed here:

6.9.3 Viewing Summary of Inward Bulk Dishonour/Protest/Return

You can view a summary of inward bulk dishonour, protest or return in ‘Retail Bills - Inward Bulk Dishonor - Protest - Return Summary’ screen. To invoke this screen, type ‘RBSBIDPR’ in the field at the top right corner of the application toolbar and click the adjoining arrow button.

You can search for the records based on one or more of the following parameters:

Once you have specified the search parameters, click ‘Search’ button. The system displays the records that match the search criteria. You can view the following details of the resultant records:

6.10 Reversal of Inward Retail Collection Bill/Cheque Con­tract

You can reverse the invalid contracts using 'Contract Input - Inward Retail Bills/Cheques for Collection' Screen by using the ‘Reverse’ action button. You can invoke this screen by typing ‘RBDICONL’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

Once 'input mistake' is identified after authorization of contract, you can reverse the invalid contract using 'Reverse' action button.

On reversal of the contract, the system validates the following parameters: