32. Annexure A - Accounting Entries and Advices

32.1 Accounting Entries for Securities Module

This section contains details of the suggested accounting entries that can be set up for the Securities module of Oracle FLEXCUBE. The details of the suggested accounting entries are listed event-wise.

This chapter contains the following sections:

• Section 32.1, "Accounting Entries for Securities Module"
• Section 32.2, "Securities Events"
• Section 32.3, "Amount Tags"
• Section 32.4, "Accounting Roles"

32.2 Securities Events

The following is an exhaustive list of events for portfolio type and customer buy/sell type of securities products.

This section contains the following topics:

• Section 32.2.1, "Portfolio Type of Products"
• Section 32.2.2, "Customer Buy/Sell Type of Products"

32.2.1 Portfolio Type of Products

Event Code	Event Description	Remarks
SPLP	Sec. Purchase from Long Position	All types
SSLP	Sec. Sale from Long Position	All types
ACRD	Accrual of Sec. Discount Earned	All types
ACRP	Accrual of Sec. Premium Paid	All types
ACRR	Accrual of Redemption Premium Earned	All types
FACR	Sec. Forward Deal P&L Accrual	All types
DVIN	Securities Dividend Initiation	All types
DVCD	Securities Dividend Collection	All types
DVLQ	Securities Dividend Liquidation	All types
BRVL	Securities Revaluation of Positions/Deals	All types
SSKC	Safe Keeping/Custodial Charges	All types
WRLL	Warrants Sec. Tear-Off Processing	All types
WROL	Warrant Detachment from Parent Sec	All types
WELL	Warrants Sec. Exercise Processing	All types
WXLL	Expiry of Un-Exercised Warrants	All types
RGLL	Rights Security Tear-Off Processing	All types
RGOL	Rights Detachment from Parent Sec.	All types
RELL	Exercise of Rights for New Equity	All types
RXLL	Expiry of Un-Exercised Rights	All types
CANG	Corporate Action Notice Generation	All types
IACR	Securities Coupon Interest Accrual	All types
CPCD	Coupon Collection	All types
CPIN	Coupon Initiation	All types
CPLQ	Coupon Liquidation	All types
SCIN	Securities Stock to Cash Initiation	All types
SCCD	Securities Stock to Cash Collection	All types
SCLQ	Securities Stock to Cash LIQD.	All types
YACR	Yield Accruals for deals	All types

32.2.2 Customer Buy/Sell Type of Products

Event Code	Event Description	Remarks
Book	Booking of Securities Deal	All types
AMND	Amendment of Securities Deal	All types
CANC	Cancellation of Securities Deal	All types
CCON	Counterparty confirmation	All types
DACF	Deliver Versus Payment Confirmation	All types
DFCF	Deliver Free Confirmation	All types
DSTL	Settlement of Securities Deal	All types
EXTN	Extension of Deal Settlement Date	All types
MSTL	Money Settlement of Securities Deal	All types
RACF	Receive Versus Payment Confirmation	All types
RBLK	Release Block of Security Position	All types
REAS	Reassignment of Securities Deal	All types
REVR	Reversal of Securities Deal	All types
RFCF	Receive Free Confirmation	All types

In the subsequent paragraphs we shall examine the accounting entries and advices for each of the events listed above.

32.3 Amount Tags

The amount tags listed below are hard-coded in Oracle FLEXCUBE.

Amount Tag	Description
CURR_FV	Current Face Value
SEC_DEAL_AMOUNT	Securities Deal Amount
DEAL_DISCNT_AMT	Securities Deal Discount Amount
DEAL_NOMINALAMT	Securities Deal Nominal Amount
DEAL_PREMIUMAMT	Securities Deal Premium Amount
FWD_DEAL_LOSS	Securities Forward Loss
FWD_DEAL_PROFIT	Securities Forward Profit
SEC_ADJDEAL_AMT	Securities Adjusted Deal Amount
SEC_DEAL_AMOUNT	Securities Deal Amount
TBD_WHT_SELL	T Bill Discount Tax - Sell
ACCRUED_RDPREM	Accrued Redemption Premium Amount
CSH_DVDEND	Cash Dividend Amount
CSH_DVDEND_EDIS	Cash Dividend Expense for DIBR
CSH_DVDEND_EINI	Cash Dividend Expense for INIT
CSH_DVDEND_ELIQ	Cash Dividend Expense for LIQD
CSH_DVDEND_ICOL	Cash Dividend Income for COLL
CSH_DVDEND_IINI	Cash Dividend Income for INIT
CSH_DVDEND_ILIQ	Cash Dividend Income for LIQD
DEAL_DISCNT_AMT	Securities Deal Discount Amount
DEAL_NOMINALAMT	Securities Deal Nominal Amount
DEAL_PREMIUMAMT	Securities Deal Premium Amount
FWD_DEALEXP_ACR	Sec. Forward Deal Expense Accr Amt
FWD_DEALINC_ACR	Sec. Forward Deal Income Accr Amt
FWD_DEAL_LOSS	Securities Forward Deal Loss Amount
FWD_DEAL_PROFIT	Securities Forward Deal Profit Amt
HLDG_LO_MTM_EXP	Sec. Long Holdings MTM Reval Expens
HLDG_LO_MTM_INC	Sec. Long Holdings MTM Reval Income
HLDG_MTM_EXP	Sec. Net Holdings MTM Reval Expense
HLDG_MTM_INC	Sec. Net Holdings MTM Reval Income
HLDG_RL_MTM_EXP	Sec. Long Holdings MTM Realized Reval Expense
HLDG_RL_MTM_INC	Sec. Long Holdings MTM Realized Reval Income
HLDG_RS_MTM_EXP	Sec. Short Holdings MTM Realized Reval Expense
HLDG_RS_MTM_INC	Sec. Short Holdings MTM Realized Reval Income
HLDG_R_MTM_EXP	Sec. Net Holdings MTM Realized Reval Expense
HLDG_R_MTM_INC	Sec. Net Holdings MTM Realized Reval Income
HLDG_SH_MTM_EXP	Sec. Short Holdings MTM Reval Expns
HLDG_SH_MTM_INC	Sec. Short Holdings MTM Reval Incom
LOCOM_REVAL_EXP	Sec. Positions LOCOM Reval Expense
LOCOM_RREVL_EXP	Sec. Positions LOCOM Realized Reval Expense
LOCOM_REVAL_INC	Profit on LOCOM revaluation if LOCOM basis is ‘Acquisi­tion Cost’
MTM_EXP	Sec. Positions MTM Reval Expense
MTM_INC	Sec. Positions MTM Reval Income
RDMPTN_PREM_AMT	Redemption Premium Amount
REALIZED_LOSS	Securities Realized Trading Loss
REALIZED_PROFIT	Securities Realized Trading Profit
REAL_MTM_EXP	Sec. Positions MTM Realized Reval Expense
REAL_MTM_INC	Sec. Positions MTM Realized Reval Income
RGHT_INTR_VALUE	Rights Intrinsic Value
SEC_ADJDEAL_AMT	Securities Adjusted Deal Amount
SEC_CASH_DIVDND	Securities Cash Dividend Amount
SEC_COST_AMOUNT	Sec. True Asset Cost Amount
SEC_DEAL_AMOUNT	Securities Deal Amount
SEC_DISC_ACCR	Sec. Discount Earned Accrual Amount
SEC_PREM_ACCR	Sec. Premium Paid Accrual Amount
SEC_RDPREM_ACCR	Sec. Redemption Premium Accrual Amt
SEC_REVL_LOSS	Securities Revaluation Loss Amount
SEC_REVL_PROFIT	Securities Revaluation Profit Amt
SEC_RRVL_LOSS	Sec. Revaluation Reversal Loss Amt
SEC_RRVL_PROFIT	Sec. Revaluation Profit Revrsal Amt
STK_TO_CSH	Stock To Cash Amount
STK_TO_CSH_EDIS	Stock To Cash Expense for DIBR
STK_TO_CSH_EINI	Stock To Cash Expense for INIT
STK_TO_CSH_ELIQ	Stock To Cash Expense for LIQD
STK_TO_CSH_ICOL	Stock To Cash Income for COLL
STK_TO_CSH_IINI	Stock To Cash Income for INIT
STK_TO_CSH_ILIQ	Stock To Cash Income for LIQD
TBD_WHT_ACCRA	T Bill Discount Tax - Arrears Accrued
TBD_WHT_ACCRD	T Bill Discount Tax - Advance Accrued
TBD_WHT_ADV	T Bill Discount Tax - Paid in Advance
TBD_WHT_PAY	T Bill Discount Tax - Payable
TBD_WHT_SELL	T Bill Discount Tax - Sell
TBD_WHT_UNACCRB	T Bill Disc. Tax-Unaccrued-Sell Disc > Buy Disc
TBD_WHT_UNACCRS	T Bill Disc. Tax-Unaccrued-Sell Disc <= Buy Disc
UNACCRD_DISCNT	Unaccrued Discount Amount
UNACCRD_PREMIUM	Unaccrued Premium Amount
UNSD_BY_MTM_EXP	Unstld Buy Deals MTM Reval Expense
UNSD_BY_MTM_INC	Unstld Buy Deals MTM Reval Income
UNSD_MTM_EXP	Securities Unutilized Deals MTM Revaluation Expense
UNSD_MTM_INC	Securities Unutilized Deals MTM Revaluation Income
UNSD_R_MTM_EXP	Securities Unutilized Deals MTM Realized Reval Expense
UNSD_R_MTM_INC	Securities Unutilized Deals MTM Realized Reval Income
UNSD_SE_MTM_EXP	Unutilized Sell Deals MTM Revaluation Expense
UNSD_SE_MTM_INC	Unutilized Sell Deals MTM Revaluation Income
UNSR_BY_MTM_EXP	Unutilized Buy Deals MTM Realized Revaluation Expense
UNSR_BY_MTM_INC	Unutilized Buy Deals MTM Realized Revaluation Income
UNSR_SE_MTM_EXP	Unutilized Sell Deals MTM Realized Revaluation Expense
UNSR_SE_MTM_INC	Unutilized Sell Deals MTM Realized Revaluation Income
WARR_INTR_VALUE	Warrants Intrinsic Value
INTCOMP_PUCMA	This Amount tag represents the value of the Bought Interest if any (at the time of Purchase) for the sold secu­rities. If there were more than one purchase, this tag will be a sum of all the bought interest in FIFO order. During sale these tags have value only if the sold units are bought in the current coupon period
TOTALINT_TIAC	This amount tag represents the total interest accrued for the eligible units (total interest - Bought interest).
SEC_PREM_TOTALACCR	This amount tag represents the total Premium accrued for the Sold units
SEC_DISC_TOTALACCR	This amount tag represents the total Discount accrued for the Sold units
SEC_BRIDGE_TFR	This amount tag can be used to move the balance between the bridge-buy and bridge-sell GL’s, (if different GL’s are used for Bridge-buy and bridge-sell). This amount tag will only be populated for the sell leg in the case of BBBS and CBCS kind of deals.
SEC_PREM_ACCR	Premium Paid Accrual Amount
SEC_INTADJ_ACCR	Interest Adjustment Accrual Amount
SEC_DISC_ACCR	Discount Earned Accrual Amount
ACCRUED_INT_ADJ	Accrued Interest Adjustment Amount
BROK_DISC	Brokerage Discount Amount
BROK_PREM	Brokerage Premium Amount
DR_CHG_DISC	Consolidated Debit charges for the deal
CR_CHG_PREM	Consolidated Credit charges for the deal

Note

When revaluation entries of the previous financial year are being reversed (at BOD on the first working day of the particular financial year) the following Amount Tags are used:

• HLDG_LO_MTM_INC_PY
• HLDG_LO_MTM_EXP_PY
• HLDG_SH_MTM_INC_PY
• HLDG_SH_MTM_EXP_PY
• HLDG_MTM_INC_PY
• HLDG_MTM_EXP_PY
• UNSD_BY_MTM_INC_PY
• UNSD_BY_MTM_EXP_PY
• UNSD_SE_MTM_INC_PY
• UNSD_SE_MTM_EXP_PY
• UNSD_MTM_INC_PY
• UNSD_MTM_EXP_PY
• MTM_INC_PY
• MTM_EXP_PY
• LOCOM_REVAL_EXP_PY

The amount tags have already been explained in the table above except for the fact that they have the PY suffix.

32.4 Accounting Roles

In this section we have provided two separate lists of sample accounting roles. List I contains accounting roles that can be set up for a Portfolio type of product. List II contains samples of accounting roles that are applicable for a Customer buy/sell type of product.

This section contains the following topics:

• Section 32.4.1, "List I – Acct Roles for a Portfolio Type of Product"
• Section 32.4.2, "List 2 – Acct Roles for a Customer Buy/Sell Type of Product"
• Section 32.4.3, "SS Deal with a Portfolio Type Of Product: Bank Portfolio"
• Section 32.4.4, "SS deal with a Customer Buy/Sell type of product"

32.4.1 List I – Acct Roles for a Portfolio Type of Product

Accounting Role	Description
SEC DISC TBACRD	Security Deal Discount to be Accrued GL
SEC PREM TBACRD	Security Deal Premium to be Accrued GL
SEC FWDEXP OFST	Security Forward Deal Loss Offset GL
SEC FWDINC OFST	Security Forward Deal Profit Offset GL
SE_FL_INT_RCPY	SE_FL_INT-Receivable/Payable
SE_FL_INT_RAPA	SE_FL_INT- Recd in Adv/Paid in Adv
SEC ASSET GL	Securities Portfolio Asset GL
SEC BRIDGE GL	Securities Bridge GL - Settlement
SEC LIABILTY GL	Securities Portfolio Liability GL
SE_FX_INT_IC	SE_FX_INT - Income – Cum
SE_FX_INT_IX	SE_FX_INT - Income – Ex
SE_FX_INT_AJI	SE_FX_INT-Previous Period Adj Inc
SE_FX_INT_RCPY	SE_FX_INT - Receivable/Payable
SE_FX_INT_RAPA	SE_FX_INT- Recd in Adv/Paid in Adv
SEC RLZD LOSS	Security Trading Realized Loss GL
SEC RLZD PROFIT	Security Trading Realized Profit GL
SEC RDPREM RECV	Security Redemption Premium Receivable
SEC RDPREM ERND	Security Redemption Premium Earned GL
MTM_ASS	Security Positions MTM Reval Asset
MTM_LBY	Security Positions MTM Reval Liability
MTM_EXP	Security Positions MTM Reval Expense
MTM_INC	Security Positions MTM Reval Income
SEC COUPON RECV	Securities Coupon Receivable GL
SEC COUPON PAY	Securities Coupon Payable GL
SEC BRIDGE-S	Securities Bridge - Sale
SEC BRIDGE - PUR	Securities Bridge – Purchase
DEAL_PREMIUM	Deal Premium
DEAL_DISCOUNT	Deal Discount
DEAL INTEREST-BOUGHT	Deal interest bought
ACCRUAL OF PREM EXP – MEMO	Accrual of Premium Expense - Memo
ACCRUAL OF DISCT INC – MEMO	Accrual of Premium Income - Memo
ACCRUAL OF INT. INC - MEMO	Accrual of Interest Income - Memo
INTCOMP_OFF	Purchase Interest Offset GL, created for each interest compo­nent to indicate routing of purchase interest.
INTCOMP_PUADJ	Difference between Sold Interest and the Interest Accrued. In the first coupon after purchase, this tag will be equal to Pur­chase Interest. In subsequent coupons, this tag will have a value of 0, as the Sold Interest would be equal to Interest Accrued
LOCOM_REVAL_INC	Profit on LOCOM revaluation if LOCOM basis is ‘Acquisition Cost’
LOCOM_REVAL_ASS	Corresponding asset for LOCOM revaluation on ‘Acquisition Cost’ basis
SEC PREM EARNED	Premium Earned
SEC PREM TBACRD	Premium to be Accrued
SEC INT ADJ	EIM Adjustment Receivable for Par deals
SEC BRIDGE GL	EIM Adjustment Income for Par deals
SEC DISC TBACRD	Discount to be Accrued
SEC DISC EARNED	Discount Earned

Note

You should not use the memo GLs if you accrue premium/discount directly into your in­come/expense GLs. Similarly, you should not use DEAL_PREMIUM, DEAL_DISCOUNT and DEAL INTEREST-BOUGHT, GLs in a product, which is using SEC DISC TBACRD and SEC PREM TBACRD.

32.4.2 List 2 – Acct Roles for a Customer Buy/Sell Type of Product

Accounting Role	Description
CS_REG_INC	Chg Class For Cust Sell
CB_REG_INC	Charge Class For Cust Buy
SEC BRIDGE GL	Securities Bridge GL – Settlement
SEC BRIDGE-SELL	Securities Bridge - Sale
SEC BRIDGE - PUR	Securities Bridge – Purchase
SEC BRIDGE BUY	Securities Bridge – Buy
INTCOMP_BOT	Deal interest bought.

Note

If you are using the Securities Bridge GL (SEC BRIDGE GL) for settlements you should not be associating the Bridge GLs (SEC BRIDGE-S, SEC BRIDGE – PUR) with the prod­uct. However, these roles cannot be made applicable on portfolios with Weighted Average as the Costing Method.

The suffixes stand for:

RECV	Receivable
RIA	Received in advance
TBACRD	To be accrued
OFST	Offset GL
RCPY	Receivable/Payable
RAPA	Received in advance/Paid in advance
AJI	Adjustment Income
ERND	Earned
ASS	Asset
LBY	Liability
PAY	Payable
EXP	Expense

Securities Advices

The list of advices that shall be generated in Securities Module of Oracle FLEXCUBE 3.0 is as shown in the table below:

Advice Code	Advice Description	SWIFT Equivalent.	Sender of Message	Receiver of Message
TRADE CONF AFFM	Trade Confir­mation Affir­mation	MT 517	Trade Instructing Party	Trade Executing Party
			Buyer	Trade Counter­party
MKT TRADE CONF	Market-Side Trade Confir­mation	MT 518	Trade Executing Party	Trade Counter­party
RECV SEC FREE	Receive Free	MT 520/MT540	Custody/Portfolio Customer	Custodian
			Custodian	Safekeeping Loca­tion
DLVR SEC FREE	Deliver Free	MT 522/MT542	Custody/Portfolio Customer	Custodian
			Custodian	Safekeeping Loca­tion
DLVR SEC APMT	Deliver Against Pay­ment	MT 523/MT543	Custody/Portfolio Customer	Custodian
			Custodian	Safekeeping Loca­tion
RECV SEC APMT	Received against pay­ment	MT 521/ MT 541	Custody/Portfolio Customer	Custodian
			Custodian	Safekeeping Loca­tion
RECV FREE CONF	Receive Free Confirmation	MT 530	Safekeeping Loca­tion	Custodian
			Custodian	Custody/Portfolio Customer
RECV APMT CONF	Receive Against Pay­ment Confir­mation	MT 531	Safekeeping Loca­tion	Custodian
			Custodian	Custody/Portfolio Customer
DLVR FREE CONF	Deliver Free Confirmation	MT 532	Safekeeping Loca­tion	Custodian
			Custodian	Custody/Portfolio Customer
DLVR FREE APMT	Deliver Against Pay­ment Confir­mation	MT 533	Safekeeping Loca­tion	Custodian
			Custodian	Custody/Portfolio Customer
NOTICE OF RGHTS	Notice of Rights	MT 550	Custodian	Custody/Portfolio Customer
NOTICE OF EVENT	Notice of Event	MT 551	Custodian	Custody/Portfolio Customer
MONY INCOME ADV	Advice of Money Income	MT 554	Custodian	Custody/Portfolio Customer
SEC INCOME ADV	Advice of Income in the Form of Securities	MT 555	Custodian	Custody/Portfolio Customer
SEC RED­MPTN ADV	Advice of Redemption	MT 556	Custodian	Custody/Portfolio Customer
REQST FOR STMT	Request for Statement	MT 570	Custody/Portfolio Customer	Custodian
			Custodian	Safekeeping Loca­tion
SEC HLD STATMNT	Statement of Holdings	MT 571	Custodian	Portfolio Customer
			Safekeeping Loca­tion	Custodian
SEC TXN STATMNT	Statement of Transactions	MT 572	Custodian	Portfolio Customer
			Safekeeping Loca­tion	Custodian
PNDING TXN STMT	Statement of Pending Transactions	MT 573	Custodian	Portfolio Customer
			Safekeeping Loca­tion	Custodian

In the subsequent sections we have defined suggested accounting entries and advices for each of the events in the life-cycle of an SS deal. Samples of accounting entries, advices, and events have been given for two different types of SS deals. They are:

• SS deal with a Portfolio type of product – Bank Portfolio
• SS deal with a Customer Buy/Sell type of products

32.4.3 SS Deal with a Portfolio Type Of Product: Bank Portfolio

The preferences set up for a Bank Portfolio type of products are as follows:

• The costing method used for this product is Weighted Average
• The accounting basis is Non Accrual
• Monthly accrual frequency has been used for components like premium, discount, forward profit or loss.
• The revaluation process used is MTM (Marked to Market).
• Market Price is used for limit tracking purposes

32.4.3.1 SPLP: Security Purchase from Long Position

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC BRIDGE GL	DEAL_DISCNT_AMT	Debit
SEC DISC TBACRD	DEAL_DISCNT_AMT	Credit
SEC ASSET GL	DEAL_NOMINALAMT	Debit
SEC BRIDGE GL	DEAL_NOMINALAMT	Credit
SEC BRIDGE GL	DEAL_PREMIUMAMT	Credit
SEC PREM TBACRD	DEAL_PREMIUMAMT	Debit
SEC BRIDGE GL	FWD_DEAL_LOSS	Credit
SEC FWDEXP OFST	FWD_DEAL_LOSS	Debit
SEC BRIDGE GL	FWD_DEAL_PROFIT	Debit
SEC FWDINC OFST	FWD_DEAL_PROFIT	Credit
SEC BRIDGE GL	SE_FL_INT_PUCM	Credit
SE_FL_INT_RCPY	SE_FL_INT_PUCM	Debit
SEC BRIDGE GL	SE_FL_INT_PUEX	Debit
SE_FL_INT_RAPA	SE_FL_INT_PUEX	Credit
SEC BRIDGE GL	SE_FX_INT_PUCM	Credit
SE_FX_INT_RCPY	SE_FX_INT_PUCM	Debit
SEC BRIDGE GL	SE_FX_INT_PUEX	Debit
SE_FX_INT_RAPA	SE_FX_INT_PUEX	Credit
SEC PREM TBACRD	BROK_PREM	Debit
SEC BRIDGE GL	BROK_PREM	Credit
SEC BRIDGE GL	DR_CHG_DISC	Debit
SEC DISC TBACRD	DR_CHG_DISC	Credit
SEC PREM TBACRD	CR_CHG_PREM	Debit
SEC BRIDGE GL	CR_CHG_PREM	Credit

Given below are the sample accounting entries that will be posted if you use the alternative accounting roles for this event:

Accounting Role	Standard/Alternative	Amount Tags	Standard/Alternative	Debit/Credit Indictor
Sec Asset GL	Standard	DEAL_NOMINALAMT	Standard	Debit
Sec Bridge - Pur	Alternative	DEAL_NOMINALAMT	Standard	Credit
Deal Premium	Alternative	DEAL_PREMIUMAMT	Standard	Debit
Sec Bridge - Pur	Alternative	DEAL_PREMIUMAMT	Standard	Credit
Sec Bridge - Pur	Alternative	DEAL_DISCNT_AMT	Standard	Debit
Deal Discount	Alternative	DEAL_DISCNT_AMT	Standard	Credit
Deal Interest-Bought	Alternative	INTCOMP_PUCM	Standard	Debit
Sec Bridge - Pur	Alternative	INTCOMP_PUCM	Standard	Credit

Advices

No advices allowed for this event.

32.4.3.2 SSLP: Security Sale from Long Position

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC BRIDGE GL	ACCRUED_RDPREM	Debit
SEC RDPREM RECV	ACCRUED_RDPREM	Credit
SEC ASSET GL	DEAL_NOMINALAMT	Credit
SEC BRIDGE GL	DEAL_NOMINALAMT	Debit
SEC BRIDGE GL	FWD_DEAL_LOSS	Credit
SEC FWDEXP OFST	FWD_DEAL_LOSS	Debit
SEC BRIDGE GL	FWD_DEAL_PROFIT	Debit
SEC FWDINC OFST	FWD_DEAL_PROFIT	Credit
SEC BRIDGE GL	REALIZED_LOSS	Credit
SEC RLZD LOSS	REALIZED_LOSS	Debit
SEC BRIDGE GL	REALIZED_PROFIT	Debit
SEC RLZD PROFIT	REALIZED_PROFIT	Credit
SEC ASSET GL	RGHT_INTR_VALUE	Debit
SEC BRIDGE GL	RGHT_INTR_VALUE	Credit
SEC BRIDGE GL	SE_FL_INT_SOCM	Debit
SE_FL_INT_RCPY	SE_FL_INT_SOCM	Credit
SEC BRIDGE GL	SE_FL_INT_SOEX	Credit
SE_FL_INT_RAPA	SE_FL_INT_SOEX	Debit
SEC BRIDGE GL	SE_FX_INT_SOCM	Debit
SE_FX_INT_RCPY	SE_FX_INT_SOCM	Credit
SEC BRIDGE GL	SE_FX_INT_SOEX	Credit
SE_FX_INT_RAPA	SE_FX_INT_SOEX	Debit
SEC BRIDGE GL	UNACCRD_DISCNT	Credit
SEC DISC TBACRD	UNACCRD_DISCNT	Debit
SEC BRIDGE GL	UNACCRD_PREMIUM	Debit
SEC PREM TBACRD	UNACCRD_PREMIUM	Credit
SEC ASSET GL	WARR_INTR_VALUE	Debit
SEC BRIDGE GL	WARR_INTR_VALUE	Credit
SEC BRIDGE GL	ACCRUED_INT_ADJ	Debit
SEC INT ADJ	ACCRUED_INT_ADJ	Credit

Given below are the sample accounting entries that will be posted if you use the alternative accounting roles for this event:

SSLP (Sale)

Accounting Roles	Standard/ Alternative	Amount Tags	Standard/ Alternative	Dr. /Cr. Indicator
Premium Accrued	Standard	SEC_PREM_TOTALACCR	Alternative	Debit
Deal Premium	Alternative	SEC_PREM_TOTALACCR	Alternative	Credit
Sec Bridge-S	Alternative	UNACCRD_PREMIUM	Standard	Debit
Deal Premium	Alternative	UNACCRD_PREMIUM	Standard	Credit
Premium Expense	Standard	SEC_PREM_TOTALACCR	Alternative	Debit
Accrual of Prem Exp - Memo	Alternative	SEC_PREM_TOTALACCR	Alternative	Credit
Deal Discount	Alternative	SEC_DISC_TOTALACCR	Alternative	Debit
Discount Accrued	Standard	SEC_DISC_TOTALACCR	Alternative	Credit
Deal Discount	Alternative	UNACCRD_DISCNT	Standard	Debit
Sec Bridge-S	Alternative	UNACCRD_DISCNT	Standard	Credit
Accrual of Disct Inc - Memo	Alternative	SEC_DISC_TOTALACCR	Alternative	Debit
Discount Income	Standard	SEC_DISC_TOTALACCR	Alternative	Credit
Sec Bridge-S (SEC-BRIDGE-SEL)	Alternative	INTCOMP_PUCMA This amount tag represents the value of the Bought Interest if any (at the time of Purchase) for the sold secu­rities	Alternative	Debit
Deal Interest-Bought (INT­COMP_BOT)	Alternative	INTCOMP_PUCMA	Alternative	Credit
Sec Bridge-S (SEC-BRIDGE-SEL)	Alternative	INTCOMP_TIAC This amount tag represents the interest accrual.	Alternative	Debit
Accrual of Int. Rec (RCPY) (INT­COMP_RCPY)	Standard	INTCOMP_TIAC	Alternative	Credit
Accrual of Int. Inc – Memo (INTCOMP_I­MEM)	Alternative	INTCOMP_TIAC	Alternative	Debit
Interest Income (INT­COMP_I)	Standard	INTCOMP_TIAC	Alternative	Credit

Total Sold Interest = INT_ PUCMA + INTCOMP_TIAC)

(INTCOMP_PUCMA will have value only if the security is bought and sold in the same coupon period)

SPLP (Capitalized Bonds)

In addition to the normal accounting entries you will need to specify the entries to move the purchased interest into offset GL (Sale option) or the Bought Interest GL (Sale and coupon).

SSLP (Redemption)

Accounting Roles	Standard/ Alternative	Amount Tags	Standard/ Alternative	Dr./Cr. Indicator
Premium Accrued	Standard	SEC_PREM_TOTA­LACCR	Alternative	Debit
Deal Pre­mium	Alternative	SEC_PREM_TOTA­LACCR	Alternative	Credit
Premium Expense	Standard	SEC_PREM_TOTA­LACCR	Alternative	Debit
Accrual of Prem Exp - Memo	Alternative	SEC_PREM_TOTA­LACCR	Alternative	Credit
Deal Dis­count	Alternative	SEC_DISC_TOTALACCR	Alternative	Debit
Discount Accrued	Standard	SEC_DISC_TOTALACCR	Alternative	Credit
Accrual of Disct Inc - Memo	Alternative	SEC_DISC_TOTALACCR	Alternative	Debit
Discount Income	Standard	SEC_DISC_TOTALACCR	Alternative	Credit

 

You will need to maintain the following accounting entry set-up when a securities contract is liquidated with previous year adjustment option.

Accounting Role	Amount Tag	Debit / Credit Indicator
For Interest
SEC-BRIDGE-SEL (Security Bridge GL – SALE)	INTCOMP_PUCMA (Purchase Inter­est)	Debit
INTCOMP_BOT (Deal Pur­chase Interest)	INTCOMP_PUCMA (Purchase Inter­est)	Credit
SEC-BRIDGE-SEL (Security Bridge GL – SALE)	INTCOMP_TIAC (Interest Accrued)	Debit
INTCOMP_RCPY (Interest Receivable / Payable)	INTCOMP_TIAC (Interest Accrued)	Credit
INTCOMP_IMEM (Interest Income – Memo)	INTCOMP_TIAC (Interest Accrued)	Debit
INTCOMP_I (Interest Income)	INTCOMP_TIAC (Interest Accrued)	Credit
For Discount
DEAL_DISCOUNT (Deal Discount GL)	UNACCRD_DISCNT	Debit
SEC BRIDGE GL (Securities Bridge GL – Settlement)	UNACCRD_DISCNT (Unaccrued Discount Amount)	Credit
DEAL_DISCOUNT (Deal Discount GL)	SEC_DISC_TOTACCR (Total Dis­count Accrued on Sold Units)	Debit
SEC DISC TBACRD (Sec. Deal Discount To Be Accrued GL)	SEC_DISC_TOTACCR (Total Dis­count Accrued on Sold Units)	Credit
ACCR_DIS_IN_MEM (Accrual of Discount Income-Memo GL)	SEC_DISC_TOTACCR (Total Dis­count Accrued on Sold Units)	Debit
SEC DISC EARNED (Sec. Discount Earned Income GL)	SEC_DISC_TOTACCR (Total Dis­count Accrued on Sold Units)	Credit
For Premium
SEC BRIDGE GL (Securities Bridge GL – Settlement)	UNACCRD_PREMIUM (Unaccrued Premium Amount)	Debit
DEAL_PREMIUM (Deal Pre­mium GL)	UNACCRD_PREMIUM (Unaccrued Premium Amount)	Credit
SEC PREM TBACRD (Sec. Deal Premium To Be Accrued GL)	SEC_PREM_TOTACCR (Total Pre­mium Accrued on Sold Units)	Debit
DEAL_PREMIUM (Deal Pre­mium GL)	SEC_PREM_TOTACCR (Total Pre­mium Accrued on Sold Units)	Credit
SEC PREM PAID (Sec. Pre­mium Paid Expense GL)	SEC_PREM_TOTACCR (Total Pre­mium Accrued on Sold Units)	Debit
ACCR_PRM_XP_MEM (Accrual of Premium Expense-Memo GL)	SEC_PREM_TOTACCR (Total Pre­mium Accrued on Sold Units)	Credit

Note

If Interest / discount / premium has been accrued during the previous year, the entries will have the amount tags with suffix “_PY” to indicate that they are passed against the Previ­ous Year Adjustment GL. During accounting, for the amount tags with suffix “_PY”, ac­counting entries are passed against the Previous Year Adjustment GL, maintained in the Chart of Accounts.

Accounting Role	Amount Tag	Debit / Credit Indicator
For Interest
SEC-BRIDGE-SEL (Security Bridge GL – SALE)	INTCOMP_PUADJ (This tag should be assigned the difference between Sold Interest and Interest Accrued)	Debit
INTCOMP_OFF (Pur­chase Interest Offset GL)	INTCOMP_PUADJ (This tag should be assigned the difference between Sold Interest and Interest Accrued).	Credit
INTCOMP_OFF (Pur­chase Interest Offset GL)	INTCOMP_PUCMA (Purchase Interest)	Debit
INTCOMP_BOT (Deal Purchase Interest)	INTCOMP_PUCMA (Purchase Interest)	Credit
SEC-BRIDGE-SEL (Security Bridge GL – SALE)	INTCOMP_TIAC (Interest Accrued)	Debit
INTCOMP_RCPY (Interest Receivable / Payable)	INTCOMP_TIAC	Credit
INTCOMP_IMEM (Interest Income – Memo GL)	INTCOMP_TIAC_PY (Interest Accrued - Pre­vious Year’s contribution)	Debit
INTCOMP_I (Interest Income)	INTCOMP_TIAC_PY	Credit
INTCOMP_IMEM (Interest Income – Memo GL)	INTCOMP_TIAC_CY (Interest Accrued - Cur­rent Year’s contribution)	Debit
INTCOMP_I (Interest Income)	INTCOMP_TIAC_CY	Credit
For Discount
DEAL_DISCOUNT (Deal Discount GL)	UNACCRD_DISCNT (Unaccrued Discount Amount)	Debit
SEC BRIDGE GL (Securities Bridge GL – Settlement)	UNACCRD_DISCNT (Unaccrued Discount Amount)	Credit
DEAL_DISCOUNT (Deal Discount GL)	SEC_DISC_TOTACCR (Total Discount Accrued on Sold Units)	Debit
SEC DISC TBACRD (Sec. Deal Discount To Be Accrued GL)	SEC_DISC_TOTACCR	Credit
ACCR_DIS_IN_MEM (Accrual of Discount Income-Memo GL)	SEC_DISC_TOTACCR_PY (Total Discount Accrued on Sold Units ( Previous Year’s Con­tribution )	Debit
SEC DISC EARNED (Sec. Discount Earned Income GL)	SEC_DISC_TOTACCR_PY (Total Discount Accrued on Sold Units)	Credit
ACCR_DIS_IN_MEM (Accrual of Discount Income-Memo GL)	SEC_DISC_TOTACCR_CY (Total Discount Accrued on Sold Units - Current Year’s Con­tribution )	Debit
SEC DISC EARNED (Sec. Discount Earned Income GL)	SEC_DISC_TOTACCR_CY (Total Discount Accrued on Sold Units – Current Years Con­tribution)	Credit
For Premium
SEC BRIDGE GL (Securities Bridge GL – Settlement)	UNACCRD_PREMIUM (Unaccrued Pre­mium Amount)	Debit
DEAL_PREMIUM (Deal Premium GL)	UNACCRD_PREMIUM (Unaccrued Pre­mium Amount)	Credit
SEC PREM TBACRD (Sec. Deal Premium To Be Accrued GL)	SEC_PREM_TOTACCR (Total Premium Accrued on Sold Units)	Debit
DEAL_PREMIUM (Deal Premium GL)	SEC_PREM_TOTACCR (Total Premium Accrued on Sold Units)	Credit
SEC PREM PAID (Sec. Premium Paid Expense GL)	SEC_PREM_TOTACCR_PY (Total Premium Accrued on Sold Units - Previous Year’s Con­tribution)	Debit
ACCR_PRM_X­P_MEM (Accrual of Premium Expense-Memo GL)	SEC_PREM_TOTACCR_PY (Total Premium Accrued on Sold Units - Previous Year’s Con­tribution)	Credit
SEC PREM PAID - Sec. (Premium Paid Expense GL)	SEC_PREM_TOTACCR_CY (Total Premium Accrued on Sold Units - Current Year’s Con­tribution)	Debit
ACCR_PRM_X­P_MEM (Accrual of Premium Expense-Memo GL)	SEC_PREM_TOTACCR_CY (Total Premium Accrued on Sold Units - Current Year’s Con­tribution)	Credit

When Wipe Deal Purchase Interest is set to Sale, the accounting entries pertaining to Purchase Interest are as follows:

Accounting Role and Description	Amount Tag and Description	Debit/Credit Indicator
SEC-BRIDGE-SEL (Security Bridge GL – SALE)	INTCOMP_PUCMA (Sold Interest – Interest Accrued)	Debit
INTCOMP_BOT (Deal Pur­chase Interest)	INTCOMP_PUCMA (also = Pur­chased Interest)	Credit
SEC-BRIDGE-SEL (Security Bridge GL – SALE)	INTCOMP_TIAC (Interest Accrued)	Debit
INTCOMP_RCPY (Interest Receivable / Payable)	INTCOMP_TIAC (Interest Accrued)	Credit
INTCOMP_IMEM	INTCOMP_TIAC (Interest Accrued)	Debit
INTCOMP_I	INTCOMP_TIAC - Interest Accrued	Credit

Advices

No advices allowed for this event.

32.4.3.3 SPSP: Security Purchase from Short Position

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC BRIDGE GL	DEAL_DISCNT_AMT	Debit
SEC LIABILTY GL	DEAL_DISCNT_AMT	Credit
SEC BRIDGE GL	DEAL_NOMINALAMT	Credit
SEC LIABILTY GL	DEAL_NOMINALAMT	Debit
SEC BRIDGE GL	DEAL_PREMIUMAMT	Credit
SEC LIABILTY GL	DEAL_PREMIUMAMT	Debit
SEC BRIDGE GL	FWD_DEAL_LOSS	Credit
SEC LIABILTY GL	FWD_DEAL_LOSS	Debit
SEC BRIDGE GL	FWD_DEAL_PROFIT	Debit
SEC LIABILTY GL	FWD_DEAL_PROFIT	Credit
SEC RLZD LOSS	REALIZED_LOSS	Debit
SEC BRIDGE GL	REALIZED_PROFIT	Debit
SEC RLZD PROFIT	REALIZED_PROFIT	Credit
SEC BRIDGE GL	RGHT_INTR_VALUE	Debit
SEC LIABILTY GL	RGHT_INTR_VALUE	Credit
SEC BRIDGE GL	SE_FL_INT_PUCM	Credit
SE_FL_INT_RCPY	SE_FL_INT_PUCM	Debit
SEC BRIDGE GL	SE_FL_INT_PUEX	Debit
SE_FL_INT_RAPA	SE_FL_INT_PUEX	Credit
SEC BRIDGE GL	SE_FX_INT_PUCM	Credit
SE_FX_INT_RCPY	SE_FX_INT_PUCM	Debit
SEC BRIDGE GL	SE_FX_INT_PUEX	Debit
SE_FX_INT_RAPA	SE_FX_INT_PUEX	Credit
SEC BRIDGE GL	UNACCRD_DISCNT	Debit
SEC LIABILTY GL	UNACCRD_DISCNT	Credit
SEC BRIDGE GL	UNACCRD_PREMIUM	Credit
SEC LIABILTY GL	UNACCRD_PREMIUM	Debit
SEC BRIDGE GL	WARR_INTR_VALUE	Debit
SEC LIABILTY GL	WARR_INTR_VALUE	Credit

Advices

No advices allowed for this event.

32.4.3.4 SSSP: Security Sale from Short Position

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC BRIDGE GL	DEAL_DISCNT_AMT	Credit
SEC LIABILTY GL	DEAL_DISCNT_AMT	Debit
SEC BRIDGE GL	DEAL_NOMINALAMT	Debit
SEC LIABILTY GL	DEAL_NOMINALAMT	Credit
SEC BRIDGE GL	DEAL_PREMIUMAMT	Debit
SEC LIABILTY GL	DEAL_PREMIUMAMT	Credit
SEC BRIDGE GL	FWD_DEAL_LOSS	Credit
SEC LIABILTY GL	FWD_DEAL_LOSS	Debit
SEC BRIDGE GL	FWD_DEAL_PROFIT	Debit
SEC LIABILTY GL	FWD_DEAL_PROFIT	Credit
SEC BRIDGE GL	SE_FL_INT_SOCM	Debit
SE_FL_INT_RCPY	SE_FL_INT_SOCM	Credit
SEC BRIDGE GL	SE_FL_INT_SOEX	Credit
SE_FL_INT_RAPA	SE_FL_INT_SOEX	Debit
SEC BRIDGE GL	SE_FX_INT_SOCM	Debit
SE_FX_INT_RCPY	SE_FX_INT_SOCM	Credit
SEC BRIDGE GL	SE_FX_INT_SOEX	Credit
SE_FX_INT_RAPA	SE_FX_INT_SOEX	Debit
SEC DISC TBACRD	BROK_DISC	Debit
SEC BRIDGE GL	BROK_DISC	Credit
SEC BRIDGE GL	DR_CHG_DISC	Debit
SEC PREM TBACRD	DR_CHG_DISC	Credit
SEC DISC TBACRD	CR_CHG_PREM	Debit
SEC BRIDGE GL	CR_CHG_PREM	Credit

Advices

No advices allowed for this event.

32.4.3.5 FACR: Security Forward Deal P & L Accrual

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC FWD LOSS	FWD_DEALEXP_ACR	Debit
SEC FWDEXP OFST	FWD_DEALEXP_ACR	Credit
SEC FWD PROFIT	FWD_DEALINC_ACR	Credit
SEC FWDINC OFST	FWD_DEALINC_ACR	Debit

Advices

No advices allowed for this event.

32.4.3.6 ACRD: Accrual of Security Discount Earned

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC DISC EARNED	SEC_DISC_ACCR	Credit
SEC DISC TBACRD	SEC_DISC_ACCR	Debit

Given below is the sample accounting entries that will be posted if you use the alternative accounting roles for this event:

Accounting Roles	Standard/ Alternative	Amount Tags	Standard/ Alternative	Dr./Cr. Indicator
* Discount Accrued * (Discount TBACRD can be us	Standard	SEC_DIS­C_ACCR	Standard	Debit
Accrual of Disct Inc – Memo	Alternative	SEC_DIS­C_ACCR	Standard	Credit

Advices

No advices allowed for this event.

32.4.3.7 ACRP: Accrual of Security Premium Paid

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC PREM PAID	SEC_PREM_ACCR	Debit
SEC PREM TBACRD	SEC_PREM_ACCR	Credit

 

Given below is the sample accounting entries that will be posted if you use the alternative accounting roles for this event:

Accounting Roles	Standard/ Alternative	Amount Tags	Standard/ Alternative	Dr./Cr. Indicator
Accrual of Prem Exp - Memo	Alternative	SEC_PREM_ACCR	Standard	Debit
* Premium Accrued * (Premium TBACRD can be used)	Standard	SEC_PREM_ACCR	Standard	Credit

Advices

No advices allowed for this event.

32.4.3.8 ACRR: Accrual of Redemption Premium Earned

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC RDPREM ERND	SEC_RDPREM_ACCR	Credit
SEC RDPREM RECV	SEC_RDPREM_ACCR	Debit

Advices

No advices allowed for this event.

32.4.3.9 DVIN: Securities Dividend Initiation

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC DIVDND PAY	SEC_CASH_DIVDND	Credit
SEC DIVDND RECV	SEC_CASH_DIVDND	Debit

Advices

Nil

32.4.3.10 DVCD: Securities Dividend Collection

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC DIVDND RECV	SEC_CASH_DIVDND	Credit
SEC SETTLEMENT	SEC_CASH_DIVDND	Debit

Advices

No advices allowed for this event.

32.4.3.11 DVLQ: Securities Dividend Liquidation

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC DIVDND PAY	SEC_CASH_DIVDND	Debit
SEC SETTLEMENT	SEC_CASH_DIVDND	Credit

Advices

Nil.

32.4.3.12 RGLL: Rights Security Tear-Off Processing

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
RIGHTS ASSET GL	RGHT_INTR_VALUE	Debit
SEC BRIDGE GL	RGHT_INTR_VALUE	Credit

Advices

No advices allowed for this event.

32.4.3.13 RGOL: Rights Detachment from Parent Security

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC ASSET GL	RGHT_INTR_VALUE	Credit
SEC BRIDGE GL	RGHT_INTR_VALUE	Debit

Advices

No advices allowed for this event.

32.4.3.14 RELL: Exercise of Rights for New Equity

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC BRIDGE GL	SEC BRIDGE GL	Credit
SEC DISC TBACRD	DEAL_DISCNT_AMT	Debit
RIGHTS ASSET GL	DEAL_NOMINALAMT	Credit
SEC BRIDGE GL	DEAL_NOMINALAMT	Debit
SEC BRIDGE GL	DEAL_PREMIUMAMT	Debit
SEC PREM TBACRD	DEAL_PREMIUMAMT	Credit
RES SEC. ASSET	RGHT_INTR_VALUE	Debit
RIGHTS ASSET GL	RGHT_INTR_VALUE	Credit

Advices

No advices allowed for this event.

32.4.3.15 RENL: Rights Security Exercise Processing

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC BRIDGE GL	DEAL_DISCNT_AMT	Debit
SEC DISC TBACRD	DEAL_DISCNT_AMT	Credit
RES SEC. ASSET	DEAL_NOMINALAMT	Debit
SEC BRIDGE GL	DEAL_NOMINALAMT	Credit
SEC BRIDGE GL	DEAL_PREMIUMAMT	Credit
SEC PREM TBACRD	DEAL_PREMIUMAMT	Debit

Advices

No advices allowed for this event.

32.4.3.16 RXLL: Expiry of Un-Exercised Rights

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC BRIDGE GL	DEAL_DISCNT_AMT	Credit
SEC DISC TBACRD	DEAL_DISCNT_AMT	Debit
RIGHTS ASSET GL	DEAL_NOMINALAMT	Credit
SEC BRIDGE GL	DEAL_NOMINALAMT	Debit
SEC BRIDGE GL	DEAL_PREMIUMAMT	Debit
SEC PREM TBACRD	DEAL_PREMIUMAMT	Credit
RIGHTS ASSET GL	RGHT_INTR_VALUE	Credit
SEC RLZD LOSS	RGHT_INTR_VALUE	Debit

Advices

No advices allowed for this event.

32.4.3.17 WRLL: Warrants Security Tear-Off Processing

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC BRIDGE GL	WARR_INTR_VALUE	Credit
WARRS ASSET GL	WARR_INTR_VALUE	Debit

Advices

No advices allowed for this event.

32.4.3.18 WROL: Warrant Detachment from Parent Security

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC ASSET GL	WARR_INTR_VALUE	Credit
SEC BRIDGE GL	WARR_INTR_VALUE	Debit

Advices

No advices allowed for this event.

32.4.3.19 WELL: Warrants Security Exercise Processing

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC BRIDGE GL	DEAL_DISCNT_AMT	Credit
SEC DISC TBACRD	DEAL_DISCNT_AMT	Debit
SEC BRIDGE GL	DEAL_NOMINALAMT	Debit
WARRS ASSET GL	DEAL_NOMINALAMT	Credit
SEC BRIDGE GL	DEAL_PREMIUMAMT	Debit
SEC PREM TBACRD	DEAL_PREMIUMAMT	Credit
RES SEC. ASSET	WARR_INTR_VALUE	Debit
WARRS ASSET GL	WARR_INTR_VALUE	Credit

Advices

No advices allowed for this event.

32.4.3.20 WENL: Exercise of Warrants for New Equity

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC BRIDGE GL	DEAL_DISCNT_AMT	Debit
SEC DISC TBACRD	DEAL_DISCNT_AMT	Credit
RES SEC. ASSET	DEAL_NOMINALAMT	Debit
SEC BRIDGE GL	DEAL_NOMINALAMT	Credit
SEC BRIDGE GL	DEAL_PREMIUMAMT	Credit
SEC PREM TBACRD	DEAL_PREMIUMAMT	Debit

Advices

No advices allowed for this event.

32.4.3.21 WXLL: Expiry of Un-Exercised Warrants

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC BRIDGE GL	DEAL_DISCNT_AMT	Credit
SEC DISC TBACRD	DEAL_DISCNT_AMT	Debit
SEC BRIDGE GL	DEAL_NOMINALAMT	Debit
WARRS ASSET GL	DEAL_NOMINALAMT	Credit
SEC BRIDGE GL	DEAL_PREMIUMAMT	Debit
SEC PREM TBACRD	DEAL_PREMIUMAMT	Credit
SEC RLZD LOSS	WARR_INTR_VALUE	Debit
WARRS ASSET GL	WARRS ASSET GL	Credit

Advices

No advices allowed for this event.

32.4.3.22 IACR: Securities Coupon Interest Accrual

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SE_FL_INT_IC	SE_FL_INT_IAC	Credit
SE_FL_INT_RCPY	SE_FL_INT_IAC	Debit
SE_FL_INT_IX	SE_FL_INT_IAX	Credit
SE_FL_INT_RAPA	SE_FL_INT_IAX	Debit
SE_FL_INT_AJI	SE_FL_INT_JIA	Credit
SE_FL_INT_RCPY	SE_FL_INT_JIA	Debit
SE_FX_INT_IC	SE_FX_INT_IAC	Credit
SE_FX_INT_RCPY	SE_FX_INT_IAC	Debit
SE_FX_INT_IX	SE_FX_INT_IAX	Credit
SE_FX_INT_RAPA	SE_FX_INT_IAX	Debit
SE_FX_INT_AJI	SE_FX_INT_JIA	Credit
SE_FX_INT_RCPY	SE_FX_INT_JIA	Debit

 

 

Given below is the sample accounting entries that will be posted if you use the alternative accounting roles for this event:

Accounting Roles	Standard/ Alternative	Amount Tags	Standard/ Alternative	Dr./Cr. Indicator
* Accrual of Int. Rec (RCPY) *(Intcomp_RCPY can be used)	Standard	INT­COMP_IA	Standard	Debit
Accrual of Int. Inc - Memo	Alternative	INT­COMP_IA	Standard	Credit

Advices

No advices allowed for this event.

32.4.3.23 CPIN: Coupon Init

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC COUPON PAY	SE_FL_INT_IINI	Credit
SEC COUPON RECV	SE_FL_INT_IINI	Debit
SEC COUPON PAY	SE_FX_INT_IINI	Credit
SEC COUPON RECV	SE_FX_INT_IINI	Debit

Advices

No advices allowed for this event.

32.4.3.24 CPCD: Coupon Init

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC COUPON RECV	SE_FL_INT_ICOL	Credit
SEC SETTLEMENT	SE_FL_INT_ICOL	Debit
SEC COUPON RECV	SE_FX_INT_ICOL	Credit
SEC SETTLEMENT	SE_FX_INT_ICOL	Debit

Advices

No advices allowed for this event.

32.4.3.25 CPLQ: Coupon Liquidation

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC COUPON PAY	SE_FL_INT_ILIQ	Debit
SE_FL_INT_RCPY	SE_FL_INT_ILIQ	Credit
SEC COUPON PAY	SE_FX_INT_ILIQ	Debit
SE_FX_INT_RCPY	SE_FX_INT_ILIQ	Credit

Given below is the sample accounting entries that will be posted if you use the alternative accounting roles for this event:

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC COUPON PAY	SE_FX_INT_ILIQ	Debit
SE_FX_INT_RCPY	SE_FX_INT_ILIQ	Credit
SE_FX_INT_IMEM	SE_FX_INT_TIAC	Debit
SE_FX_INT_I	SE_FX_INT_TIAC	Credit
SE_FX_INT_RCPY	SE_FX_INT_PUCMA	Debit
SE_FX_INT_BOT	SE_FX_INT_PUCMA	Credit

You will need to maintain the following accounting entry set-up when a securities contract is liquidated with previous year adjustment option.

Debit / Credit Indicator	Accounting Role	Amount Tag
Debit	SEC COUPON PAY - Securities Cou­pon Payable GL	INTCOMP_PUCMA - Pur­chase Interest
Credit	INTCOMP_BOT - Deal Purchase Interest	INTCOMP_PUCMA - Pur­chase Interest
Debit	SEC COUPON PAY - Securities Cou­pon Payable GL	INTCOMP_TIAC - Interest Accrued
Credit	INTCOMP_RCPY - Interest Receiva­ble / Payable.	INTCOMP_TIAC - Interest Accrued
Debit	INTCOMP_IMEM - Interest Income – Memo	INTCOMP_TIAC - Interest Accrued
Credit	INTCOMP_I - Interest Income	INTCOMP_TIAC - Interest Accrued

Note

If Interest / discount / premium has been accrued during the previous year, the entries will have the amount tags with suffix “_PY” to indicate that they are passed against the Previ­ous Year Adjustment GL. During accounting, for the amount tags with suffix “_PY”, ac­counting entries are passed against the Previous Year Adjustment GL, maintained in the Chart of Accounts.

Accounting Role	Amount Tag	Debit / Credit Indicator
SEC COUPON PAY - Securities Coupon Payable GL	INTCOMP_PUCMA - Coupon Amount – Interest Accrued	Debit
INTCOMP_OFF- Purchase Inter­est Offset GL	INTCOMP_PUCMA - Coupon Amount – Interest Accrued	Credit
SEC COUPON PAY - Securities Coupon Payable GL	INTCOMP_TIAC - Interest Accrued	Debit
INTCOMP_RCPY - Interest Receivable / Payable	INTCOMP_TIAC - Interest Accrued	Credit
INTCOMP_IMEM - Interest Income – Memo GL	INTCOMP_TIAC_PY - Interest Accrued (Previous Year’s contri­bution)	Debit
INTCOMP_I - Interest Income	INTCOMP_TIAC_PY - Interest Accrued (Previous Year’s contri­bution)	Credit
INTCOMP_IMEM - Interest Income – Memo GL	INTCOMP_TIAC_CY - Interest Accrued (Current Year’s contribu­tion)	Debit
INTCOMP_I - Interest Income	INTCOMP_TIAC_CY - Interest Accrued (Current Year’s contribu­tion)	Credit

When Wipe Deal Purchase Interest is set to Sale, the accounting entries pertaining to Purchase Interest are as follows:

Accounting Role and Description	Amount Tag and Description	Dr./Cr. Indicator
SEC COUPON PAY - SE Coupon Payable GL	INTCOMP_PUCMA - Pur­chased Interest	Debit
INTCOMP_BOT - Deal Purchase Interest	INTCOMP_PUCMA	Credit
SEC COUPON PAY - SE Coupon Payable GL	INTCOMP_TIAC - Interest Accrued – Cum	Debit
INTCOMP_RCPY - Interest Receiv­able / Payable	INTCOMP_TIAC	Credit
INTCOMP_IMEM - Interest Income – Memo	INTCOMP_TIAC - Interest Accrued	Debit
INTCOMP_I - Interest Income	INTCOMP_TIAC	Credit

Advices

Nil.

32.4.3.26 BRVL: Securities Revaluation of Positions/Deals

(For Realized Revaluation, the amount tags should be replaced with the equivalent tags for Realized Revaluation)

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
LOCOM_REVAL_EXP	LOCOM_REVAL_EXP	Debit
LOCOM_REVAL_LBY	LOCOM_REVAL_EXP	Credit
MTM_EXP	MTM_EXP	Debit
MTM_LBY	MTM_EXP	Credit
MTM_ASS	MTM_INC	Debit
MTM_INC	MTM_INC	Credit

If you have chosen Deal level revaluation the following entries are passed:

Accounting Role and Description	Amount Tag and Description	Debit/ Credit
MTM_EXP - Expense GL for Revalua­tion (MTM Method)	MTM_EXP - Revaluation Expense (MTM Method).	Debit
MTM_LBY - Liability GL for Revalua­tion (MTM Method).	MTM_EXP - Revaluation Expense (MTM Method).	Credit
MTM_ASS - Asset GL for Revaluation (MTM Method).	MTM_INC - Revaluation Income (MTM Method).	Debit
MTM_INC - Income GL for Revalua­tion (MTM Method).	MTM_INC - Revaluation Income (MTM Method).	Credit
LOCOM_REVAL_EXP - Expense GL for Revaluation (LOCOM Method).	LOCOM_REVAL_EXP - Revalua­tion Expense (LOCOM Method).	Debit
LOCOM_REVAL_LBY - Liability GL for Revaluation (LOCOM Method).	LOCOM_REVAL_EXP - Revalua­tion Expense (LOCOM Method).	Credit

Advices

No advices allowed for this event.

32.4.3.27 RRVL: Reversal of Position and Deal level Revaluation

These entries can be set up for any kind of portfolio costing method and they apply to both deal and position level revaluation.

Accounting Role and Description	Amount Tag and Description	Debit/ Credit
MTMINCOME	MTM_INC	Debit
SECURITYASSET	MTM_INC	Credit

These are the entries passed during reversal of revaluation at BOD on the next working day. If the next working day happens to be the first working day of the new financial year the entries passed are:

Accounting Role and Description	Amount Tag and Description	Debit/ Credit
Prev year adj GL –1	MTM_INC_PY	Debit
SECURITYASSET	MTM_INC_PY	Credit

Where Prev year adj GL –1 is the previous year adjustment GL maintained in the Chart of Accounts for the GL head MTM_INC.

32.4.3.28 YACR: Yield Accruals for all deals

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC PREM EARNED	SEC_PREM_ACCR	Debit
SEC PREM TBACRD	SEC_PREM_ACCR	Credit
SEC INT ADJ REC	SEC_INTADJ_ACCR	Debit
SEC INT ADJ INC	SEC_INTADJ_ACCR	Credit
SEC DISC TBACRD	SEC_DISC_ACCR	Debit
SEC DISC EARNED	SEC_DISC_ACCR	Credit

Advices

No advices allowed for this event.

32.4.4 SS deal with a Customer Buy/Sell type of product

The preferences set for this product are as follows:

• Standard rate type is used for this product
• Brokerage not allowed
• Mode of money settlement is automatic
• Extension allowed
• Forward deals allowed for this product

32.4.4.1 BOOK: Booking of securities deal

Accounting Entries

If brokerage is considered for Assets, the following accounting entries are passed:

Accounting Role	Amount Tag	Dr/Cr. Indicator
SEC BRIDGE GL	BROK_PREM	Debit
BROKPAY	BROK_PREM	Credit

If brokerage is considered for Liabilities, the following accounting entries are passed:

Accounting Role	Amount Tag	Dr/Cr. Indicator
SEC BRIDGE GL	BROK_DISC	Debit
BROKPAY	BROK_DISC	Credit

Note

For Brokerage marked as ‘Consider as Discount’ and denominated in a brokerage curren­cy other than the contract currency, the %DISC and %PREM amount tags will be posted into the Bridge Head in the contract currency.

If a particular charge component is considered for discount for Assets, the following accounting entries are passed:

Accounting Role	Amount Tag	Dr/Cr. Indicator
SEC SETTLEMENT	<Charge Class>_DISC	Debit
SEC BRIDGE GL	<Charge Class>_DISC	Credit
SEC BRIDGE GL	<Charge Class>_PREM	Debit
SEC SETTLEMENT	<Charge Class>_PREM	Credit

Note

For charge components marked as ‘Consider as Discount’ and denominated in a charge currency other than the contract currency, the %DISC and %PREM amount tags will be posted into the SEC BRIDGE GL head in the contract currency.

Advices

Nil.

32.4.4.2 AMND: Amendment of securities deal

Accounting Entries

Nil

Advices

No advices allowed for this product.

32.4.4.3 CANC: Cancellation of securities deal

Accounting Entries

Nil

Advices

No advices allowed for this product.

32.4.4.4 CCON: Counterparty confirmation

Accounting Entries

No accounting entries allowed for this event.

Advices

Nil.

32.4.4.5 DACF: Deliver Versus Payment Confirmation

Accounting Entries

No accounting entries allowed for this event.

Advices

Nil.

32.4.4.6 DFCF: Deliver Free Confirmation

Accounting Entries

No accounting entries allowed for this event.

Advices

Nil.

32.4.4.7 DSTL: Settlement of Securities Deal

Accounting Entries

Nil.

Advices

No advices allowed for this event.

32.4.4.8 EXTN: Extension of Deal Settlement Date

Accounting Entries

Nil.

Advices

No advices allowed for this event.

32.4.4.9 MSTL: Money Settlement of Securities Deal

Accounting Entries

Accounting Role	Amount Tag	Dr./Cr. Indicator
SEC BRIDGE GL	DEAL_DISCNT_AMT	Debit
SEC SETTLEMENT	DEAL_DISCNT_AMT	Credit
SEC BRIDGE GL	DEAL_NOMINALAMT	Credit
SEC SETTLEMENT	DEAL_NOMINALAMT	Debit
SEC BRIDGE GL	DEAL_PREMIUMAMT	Credit
SEC SETTLEMENT	DEAL_PREMIUMAMT	Debit
SEC BRIDGE GL	FWD_DEAL_LOSS	Credit
SEC SETTLEMENT	FWD_DEAL_LOSS	Debit
SEC BRIDGE GL	FWD_DEAL_PROFIT	Debit
SEC SETTLEMENT	FWD_DEAL_PROFIT	Credit
SEC BRIDGE GL	INT_GS_PUCM	Credit
SEC SETTLEMENT	INT_GS_PUCM	Debit
SEC SETTLEMENT	INT_GS_PUEX	Credit
SEC BRIDGE GL	INT_GS_PUEX	Debit
SEC BRIDGE GL	INT_IC_PUCM	Debit
SEC SETTLEMENT	INT_IC_PUCM	Credit
SEC SETTLEMENT	INT_IC_PUEX	Debit
SEC BRIDGE GL	INT_IC_PUEX	Credit
SEC SETTLEMENT	ISSUR_TAX_PUCM	Debit
SEC BRIDGE GL	ISSUR_TAX_PUCM	Credit
SEC SETTLEMENT	ISSUR_TAX_PUEX	Credit
SEC BRIDGE GL	ISSUR_TAX_PUEX	Debit

Advices

Nil.

32.4.4.10 RACF: Receive Versus Payment Confirmation

Accounting Entries

No accounting entries are allowed for this event.

Advices

Nil.

32.4.4.11 RBLK: Release Block of Security Positions

Accounting Entries

Nil.

Advices

No advices allowed for this event.

32.4.4.12 REAS: Reassignment of Securities Deal

Accounting Entries

No accounting entries allowed for this event.

Advices

No advices allowed for this event.

32.4.4.13 REVR: Reversal of Securities Deal

Accounting Entries

No accounting entries allowed for this event.

Advices

Nil

32.4.4.14 RFCF: Receive Free Confirmation

Accounting Entries

No accounting entries allowed for this event.

Advices

Nil