6.4.1 Processing for Contract Status Change

The impact of status change of contracts on Transfer of Balances, Stop Accruals and Reverse Accruals is as follows:

• Transfer of Balances
  The following balances are transferred to new GL:

  • Premium TBA – Premium Accrued
  • Discount TBA – Discount Accrued
  • Interest Adjustment Accrued Already + Interest Adjustment Accrued
• Stop of Accruals

  YACR does not pass any entries.

• Reverse of Accruals
  The following balances are reversed:

  • Premium Accrued
  • Discount Accrued
  • Interest Adjustment Accrued Already + Interest Adjustment Accrued