13.2.5 Participant Tranche Product

The possible events and event-wise accounting entries and advices for a participant tranche product is tabulated below.

Events to be associated with Participant Tranche Products

The following events are available for definition of accounting entries and advices, all being propagated when the same event is triggered in respect of the related borrower side contract, unless mentioned otherwise.

Table 13-38 Events

Event	Description
BOOK	Triggered when a participant tranche is booked.
FLIQ	Triggered when fees are liquidated for a tranche that uses the product.
INIT	Triggered when a participant tranche is initiated.
LIQD	Triggered when any principal component is liquidated in the drawdown under the participant tranche product.
NOTC	Triggered when a billing notice is generated for the tranche.
VAMB	Triggered when a value dated amendment (of Principal or Maturity Date) is booked for the tranche.
VAMI	Triggered when a value dated amendment (of Principal or Maturity Date) becomes effective in the system.
PRAM	Triggered when a participant transfer occurs for the tranche.
RNDP	Triggered on the rounding participant contract, whenever the amount collected from the borrower for a component is more than the amount disbursed to the participants because of rounding differences.
RNDL	Triggered on the rounding participant contract, whenever the amount collected from the borrower for a component is less than the amount disbursed to the participants because of rounding differences.
PRLQ	Triggered when a payable or receivable component of the tranche is liquidated.
RVPR	Triggered when a payable or receivable component of the tranche is reversed.
SGEN	Triggered when a settlement messages are generated for the tranche.
TXRF	Triggered when a tax component is refunded to a participant.
TXRV	Triggered at the time of reversing a tax refund.

Event-wise Accounting Entries for Participant Tranche Products

The possible accounting entries for the various events are given below:

• BOOK

  Table 13-39 BOOK

  Accounting Role	Amount Tag	Dr /Cr
  CUSTOMER	COMPONENT_LIQD	Cr
  SYN_POOL	COMPONENT_LIQD	Dr

• INIT

  Table 13-40 INIT

  Accounting Role	Amount Tag	Dr /Cr
  CUSTOMER	COMPONENT_LIQD	Cr
  SYN_POOL	COMPONENT_LIQD	Dr

• FLIQ

  Table 13-41 FLIQ

  Accounting Role	Amount Tag	Dr/Cr
  SYN_POOL	COMPONENT_LIQD	Dr
  CUSTOMER	COMPONENT_LIQD	Cr
  CUSTOMER	COMPONENT_LIQD	Dr
  FEE-ADVINC	COMPONENT_LIQD	Cr
  CUSTOMER	COMPONENT_LIQD	Dr
  FEE-ARRINC	COMPONENT_LIQD	Cr
  CUSTOMER	COMPONENT_LIQD	Dr
  COMPONENT-INC	COMPONENT_LIQD	Cr
  COMPONENT-PAY	COMPONENT_AMT	Dr
  CUSTOMER	COMPONENT_AMT	Cr

• NOTC

  Accounting Entries are not applicable for this event.

• PRAM

  Accounting Entries are not applicable for this event.

• VAMI

  Table 13-42 VAMI

  Accounting Role	Amount Tag	Dr /Cr
  SYN_POOL	COMPONENT_LIQD	Dr
  CUSTOMER	COMPONENT_LIQD	Cr

• VAMB

  Accounting Entries are not applicable for this event.

• RNDP

  Table 13-43 RNDP

  Accounting Role	Amount Tag	Dr /Cr
  SYN_POOL	COMPONENT_LIQD	Dr
  CUSTOMER	COMPONENT_LIQD	Cr

• RNDL

  Table 13-44 RNDL

  Accounting Role	Amount Tag	Dr /Cr
  SYN_POOL	COMPONENT_LIQD	Cr
  CUSTOMER	COMPONENT_LIQD	Dr

• SGEN

  Accounting Entries are not applicable for this event.

• PRLQ

  Table 13-45 INIT

  Accounting Role	Amount Tag	Dr /Cr
  CUSTOMER	COMPONENT_LIQD	Cr
  SYN_POOL	COMPONENT_LIQD	Dr
  SYN_POOL	COMPONENT_REC	Cr
  CUSTOMER	COMPONENT_REC	Dr

• RVPR

  Accounting entries are not applicable for this event.

• TXRF

  Table 13-46 INIT

  Accounting Role	Amount Tag	Dr /Cr
  COMPONENT_PAY	COMPONENT_AMT	Dr
  CUSTOMER	COMPONENT_AMT	Cr
  F-TAX1_PAY	F-TAX1_AMTRF	Dr
  CUSTOMER	F-TAX1_AMTRF	Cr

• TXRV

  Accounting Entries are not applicable for this event.

Event-wise Advices for Participant Tranche Products

The following events are available for generation of advices:

Table 13-47 Event

Event	Advice
BOOK	You can associate PAYMENT_MESSAGE with this event.
INIT	You can associate PAYMENT_MESSAGE with this event.
NOTC	You can associate PART_BILL_NOTC with this event.
FLIQ	You can associate PART_FEE_ADV with this event.
PRAM	You can associate PART_AMND_ADV with this event.
SGEN	You can associate PAYMENT_MESSAGE with this event.
PRLQ	You can associate PAYMENT _MESSAGE with this event.
TXRF	You can associate PAYMENT_MESSAGE with this event.