12.2.5 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 12-38 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 12-39 BOOK
Accounting Role Amount Tag Dr /Cr CUSTOMER COMPONENT_LIQD Cr SYN_POOL COMPONENT_LIQD Dr - INIT
Table 12-40 INIT
Accounting Role Amount Tag Dr /Cr CUSTOMER COMPONENT_LIQD Cr SYN_POOL COMPONENT_LIQD Dr - FLIQ
Table 12-41 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 12-42 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 12-43 RNDP
Accounting Role Amount Tag Dr /Cr SYN_POOL COMPONENT_LIQD Dr CUSTOMER COMPONENT_LIQD Cr - RNDL
Table 12-44 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 12-45 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 12-46 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 12-47 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. |
Parent topic: Event-wise Accounting Entries and Advices