1. Bilateral Loans
  2. Appendix B - Accounting Entries, Advices and Error Codes
  3. Event-wise Accounting Entries and Advices
  4. Term Loan – Bearing

16.5.1 Term Loan – Bearing

Term Loan – Bearing

The preferences set for this product are as follows:
  • The payment type for this product is of Bearing type
  • The schedule type for this product is of Capitalized type
  • Forward Dating is allowed for this product
Accounting Entries

Table 16-6 INIT: Contract Initiation

Accounting Role Amount Tag Dr./Cr. Indicator
INTREC INT_ACQD Debit
INTAQR INT_ACQD Credit
P_PRNREC P_PRN_ACQD Debit
P_PRNAQR P_PRN_ACQD Credit
ASSETGL PRINCIPAL Debit
CUSTOMER PRINCIPAL Credit
FWDASSETGL PRINCIPAL_FWD Credit
FWDASSETOFF PRINCIPAL_FWD Debit

Table 16-7 Advices

Advice Name Description
DEAL_SLIP Contract Advice
CONT_ADV Contract Advice
PAYMENT_MESSAGE Payment Message
Accounting Entries

Table 16-8 BOOK: Booking of Contract

Accounting Role Amount Tag Dr./Cr. Indicator
CUSTOMER LIQD Debit
BOOKCHGINC LIQD Credit
FWDASSETGL PRINCIPAL_FWD Debit
FWDASSETOFF PRINCIPAL_FWD Credit

Table 16-9 Advices

Advice Name Description
PAYMENT_MESSAGE Payment Message
Accounting Entries

Table 16-10 ACCR: Accrual

Accounting Role Amount Tag Dr./Cr. Indicator
INTINC INT_ACCR Credit
INTREC INT_ACCR Debit
P_PRNREC P_PRN_ACCR Debit
P_PRNINC P_PRN_ACCR Credit
Advices

No Advices allowed for this Event.

Accounting Entries

Table 16-11 LIQD: Liquidation

Accounting Role Amount Tag Dr./Cr. Indicator
FRTAX1_PAY FRTAX1_AMT Credit
FRTAX1_EXP FRTAX1_AMT Debit
FRTAXS_PAY FRTAXS_AMT Credit
FRTAXS_EXP FRTAXS_AMT Debit
CUSTOMER INT_ADJ Debit
INTREC INT_ADJ Credit
INTREC INT_CAP Credit
ASSETGL INT_CAP Debit
CUSTOMER P_INT_LIQD Debit
P_INTREC P_INT_LIQD Credit
EXPENSE P_INT_WAIV Debit
P_INTREC P_INT_WAIV Credit
CUSTOMER PRINCIPAL_LIQD Debit
ASSETGL PRINCIPAL_LIQD Credit
WASH GL PRINCIPAL_WAIV Debit
ASSETGL PRINCIPAL_WAIV Credit
CUSTOMER INT_LIQD Debit
INTREC INT_LIQD Credit
EXPENSE INT_WAIV Debit
INTREC INT_WAIV Credit
RESINTINC INT_RESINC Debit *
INTINC INT_RESINC Credit *

* - This entry is only for liquidation of interest on overdue loans on cash basis.

Table 16-12 Advices

Advice Name Description
CAP Capitalization Advice
PAYMENT_MESSAGE Payment Message
Accounting Entries

Table 16-13 RFND: Refund of Interest/Fees

Accounting Role Amount Tag
COMPONENT_REC COMPONENT_RFND
CUSTOMER COMPONENT_RFND

Table 16-14 Advices

Advice Name Description
OVERPAYAMT Overpayment Advice

Table 16-15 Liquidation of Interest

GL Amount Tag Dr/Cr
Customer INT_LIQD Dr
INT_REC INT_LIQD Cr
ADJ GL INT_WAIV Dr
INT_REC INT_WAIV Cr
Accounting Entries

Table 16-16 ROLL: Rollover of Contract

Accounting Role Amount Tag Dr./Cr. Indicator
ROLLFEESINC LIQD Credit
CUSTOMER LIQD Debit
CUSTOMER INT_LIQD Debit
INTREC INT_LIQD Credit
ROLL_SUSPENSE INT_ROLL Debit
INTREC INT_ROLL Credit
EXPENSE INT_WAIV Debit
INTREC INT_WAIV Credit
CUSTOMER P_INT_LIQD Debit
P_INTREC P_INT_LIQD Credit
ROLL_SUSPENSE P_INT_ROLL Debit
P_INTREC P_INT_ROLL Credit
EXPENSE P_INT_WAIV Debit
P_INTREC P_INT_WAIV Credit
CUSTOMER PPR_LIQD Debit
PPRREC PPR_LIQD Credit
ROLL_SUSPENSE PPR_ROLL Debit
PPRREC PPR_ROLL Credit
EXPENSE PPR_WAIV Debit
PPRREC PPR_WAIV Credit
CUSTOMER PRINCIPAL_LIQD Debit
ASSETGL PRINCIPAL_LIQD Credit
ROLL_SUSPENSE PRINCIPAL_ROLL Debit
ASSETGL PRINCIPAL_ROLL Credit
EXPENSE PRINCIPAL_WAIV Debit
ASSETGL PRINCIPAL_WAIV Credit

Table 16-17 Advices

Advice Name Description
CAP Capitalization Advice
PAYMENT_MESSAGE Payment Message

Table 16-18 REOP: Reopen of Contract

Accounting Role Amount Tag Dr./Cr. Indicator
ASSETGL PRINCIPAL Debit
ROLL_SUSPENSE PRINCIPAL Credit
ROLL_SUSPENSE PRINCIPAL_ADDL Debit
CUSTOMER PRINCIPAL_ADDL Credit

Table 16-19 Advices

Advice Name Description
ROLL_ADV Rollover Advice

LINK: Linkage to Loan

Accounting Entries

Nil

Advices

No Advices allowed for this Event.

STCH: Status Change

Accounting Entries

Nil

Advices

Nil

NOTC: Billing Notice Generation

Accounting Entries

No Accounting Entries allowed for this Event.

Table 16-20 Advices

Advice Name Description
BILNOTC Billing Notice
Accounting Entries

Table 16-21 VAMI: Value Dated Amendment Initiation

Accounting Role Amount Tag Dr./Cr. Indicator
ASSETGL PRINCIPAL_INCR Debit
CUSTOMER PRINCIPAL_INCR Credit
VAMBFEESINC LIQD Credit
CUSTOMER LIQD Debit

Table 16-22 Advices

Advice Name Description
PAYMENT_MESSAGE Payment Message

Table 16-23 STPI

Accounting Role Amount Tag Dr./Cr. Indicator
Reprice Suspense PRINCIPAL_SPTI Dr
Asset PRINCIPAL_SPTI Cr.
Reprice Suspense INTERESTFL_SPTI Dr.
Interest Receivable INTERESTFL_SPTI Cr.
Accounting Entries

Nil

Advices

Table 16-24 VAMB: Value Dated Amendment Booking

Advice Name Description
AMDADV Amendment Advice
PAYMENT_MESSAGE Payment Message
Accounting Entries

Nil

Advices

Table 16-25 CAMD: Contract Amendment

Advice Name Description
AMDADV Amendment Advice

Parent topic: Event-wise Accounting Entries and Advices