7.10.8.10.1 Authorizing Mark Liquidated Contracts

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

1. On the homepage, type OLDMKAUT and click next arrow.
   The Mark Liquidated Authorization screen is displayed.
2. Once the record is authorized successfully, the contract status is changed to Liquidated.
   • LIQD event is registered in the contract with no accounting entries.
   • Fee accruals are stopped; the existing accruals remain unchanged.
   • The maker and checker details are updated in the contract for the event LIQD.
   • Further operations are not allowed on the liquidated contract.
   • Reversal of liquidation is not allowed in the Contract and Commitment - Contract Input screen.