5.15.1 Viewing the Receivables/Payables for a Contract

In Oracle Banking Corporate Lending, you have the Payment–Receivable Details screen through which you can view the receivable/payable amounts for a drawdown.

Specify the User ID and Password, and login to Homepage.

1. On the homepage, type LBDPRDET and click next arrow.
   The Payment–Receivable Details screen is displayed.

   Note:

   The fields which are marked in asterisk red are mandatory fields.

   Figure 5-70 Payment–Receivable Details

   
   

   
   Description of "Figure 5-70 Payment–Receivable Details"

   
   
2. For a drawdown/tranche, this screen displays the receivable/payable amounts for each component and the associated event. Based on the last event which has occurred in the life cycle of the contract, the corresponding event sequence number gets defaulted in the Event Seq No field. Once the payable and the receivable amounts are settled across all the components for a particular contract, the system updates the Settled Status field to Settled.

   All the components for a contract are displayed in the Component Details section.

   For each component of the drawdown/tranche, the system displays the following details:

   • The party name
   • The party type (borrower or participant)
   • The applicable currency
   • The amount due
   • The amount settled (if settlement has not happened, zero is displayed here)
   • The tax amount: This amount gets calculated upfront if tax is applicable for each of the participants (at the tranche/drawdown level).
   • The settlement status: The status can be any one of the following:
     • Settled
     • Unsettled
     • Partial
   • Whether the amount is a payable or a receivable.
   • Whether tax is to be applied or not. This gets updated on the basis of your selection at the time of payment (in the Payable-Receivable Payment screen).

   Note:

   If the tax rules are tagged to the components and if the tax is applicable, the system also passes the necessary accounting entries for tax.

   You can use the navigation buttons - provided in the toolbar to scroll through the tranches and drawdowns.