Processing Deals

This topic discusses how to create position update requests and review estimated interest accruals.

Page Name

Definition Name

Usage

Deal Position Update Page

TRX_POS_UPD_REQ

Create the required records for position management, cash flows, and accounting events for deals.

Estimated Interest Accruals Page

TRX_ACCR_INT_PNL

Define date parameters to calculate and view estimated interest accruals for IRP and IR swap deals.

Once you process deals (either manually or automatically) by running the Deal Position Update process (TR_POSN), you can also use the Cash Flows page to view the resultant cash flows.

For IRP and IR swap deals, you can review interest payment dates, amounts, and reset dates on the Interest and Payment Dates page. If the deal is amortized, this page shows the amortization schedule.

Use the Deal Position Update page (TRX_POS_UPD_REQ) to create the required records for position management, cash flows, and accounting events for deals.

Navigation:

Deal Management > Capture Deals > Deal Position Update > Deal Position Update

After you process deals, check Process Monitor for status information. If the Error status appears, research and correct the deals in error and rerun the process.

Field or Control

Description

Process All Outstanding Deals

Select the option to process all unprocessed deals with a deal status of Open, Matured, or Sold / Bought Back. If you select Process All Outstanding Deals, you schedule the Position Update Request process to run on a daily basis and check the Process Monitor page to ensure that it runs successfully. Even if you have configured the system to automatically run the Position Update Request process when you save a deal, you should still schedule a position update request with the Process All Outstanding Deals option selected to ensure that all deals are correctly processed.

Process Openended Maturity

Select to process deals with open-ended maturity dates. The system checks if new future rows need to be built.

Process Specific Deal

Specify a deal for processing. If you select this option, you specify the business unit and the deal ID.

See the product documentation for PeopleTools: Process Scheduler.

Use the Estimated Interest Accruals page (TRX_ACCR_INT_PNL) to define date parameters to calculate and view estimated interest accruals for IRP and IR swap deals.

Navigation:

Deal Management > Capture Deals > Estimated Interest Accruals > Estimated Interest Accruals

Important! This page reflects a deal's estimated interest spread over a specified time period; however, it is not an accurate representation of the actual discount and premium accounting. You determine the actual interest accrual calculations for a deal by the accounting templates that you define at the deal instrument level. The interest accrual functionality uses certain assumptions to calculate the displayed values. It does not use the accounting templates defined for the deal.

Field or Control

Description

From Date and To Date

Define the date range in which to review interest accruals.

Standard Calendar

If you select this option, specify Daily, Monthly, Quarterly, or Weekly.

PS Detail Calendar (PeopleSoft detail calendar)

Select this option to specify a customized calendar for calculating interest accruals.