10 Accounting Entries
This topic describes about the accounting entries to help the time required in defining the product.
Table 10-1 Accounting Entries - Asset Accounting
| Event Code | Event Description | Pair | Accounting Head | Debit/Credit | Amount Tag | Remarks |
|---|---|---|---|---|---|---|
| STCH | Status Change | 1 | PRINCIPAL_AST_DOUB | Debit | PRINCIPAL_DOUB | Status accounting (Forward Movement) for PRINCIPAL Component |
| STCH | Status Change | 2 | PRINCIPAL_AST_NORM | Credit | PRINCIPAL_DOUB | Status accounting (Forward Movement) for PRINCIPAL Component |
| STCH | Status Change | 1 | INTEREST_REC_NORM | Debit | INTEREST_REC_DOUB | Status accounting (Forward Movement) for INTEREST Component |
| STCH | Status Change | 2 | INTEREST_REC_DOUB | Credit | INTEREST_REC_DOUB | Status accounting (Forward Movement) for INTEREST Component |
| STCH | Status Change | 1 | INTEREST_INC_NORM | Debit | INTEREST_INC_DOUB | Status accounting (Forward Movement) for INTEREST Component - Income Transfer |
| STCH | Status Change | 2 | INTEREST_INC_DOUB | Credit | INTEREST_INC_DOUB | Status accounting (Forward Movement) for INTEREST Component - Income Transfer |
| STCH | Status Change | 1 | FEE_REC_NORM | Debit | FEE_REC_DOUB | Status accounting (Forward Movement) for FEE Component |
| STCH | Status Change | 2 | FEE_REC_DOUB | Credit | FEE_REC_DOUB | Status accounting (Forward Movement) for FEE Component |
| STCH | Status Change | 1 | FEE_INC_NORM | Debit | FEE_INC_DOUB | Status accounting (Forward Movement) for FEE Component - Income Transfer |
| STCH | Status Change | 2 | FEE_INC_DOUB | Credit | FEE_INC_DOUB | Status accounting (Forward Movement) for FEE Component - Income Transfer |
| STCH | Status Change | 1 | PRINCIPAL_AST_NORM | Debit | PRINCIPAL_DOUB | Status accounting (Backward Movement) for PRINCIPAL Component |
| STCH | Status Change | 2 | PRINCIPAL_AST_DOUB | Credit | PRINCIPAL_DOUB | Status accounting (Backward Movement) for PRINCIPAL Component |
| STCH | Status Change | 1 | INTEREST_REC_DOUB | Debit | INTEREST_REC_DOUB | Status accounting (Backward Movement) for INTEREST Component |
| STCH | Status Change | 2 | INTEREST_REC_NORM | Credit | INTEREST_REC_DOUB | Status accounting (Backward Movement) for INTEREST Component |
| STCH | Status Change | 1 | INTEREST_INC_DOUB | Debit | INTEREST_INC_DOUB | Status accounting (Backward Movement) for INTEREST Component - Income Transfer |
| STCH | Status Change | 2 | INTEREST_INC_NORM | Credit | INTEREST_INC_DOUB | Status accounting (Backward Movement) for INTEREST Component - Income Transfer |
| STCH | Status Change | 1 | FEE_REC_DOUB | Debit | FEE_REC_DOUB | Status accounting (Backward Movement) for FEE Component |
| STCH | Status Change | 2 | FEE_REC_NORM | Credit | FEE_REC_DOUB | Status accounting (Backward Movement) for FEE Component |
| STCH | Status Change | 1 | FEE_INC_DOUB | Debit | FEE_INC_DOUB | Status accounting (Backward Movement) for FEE Component - Income Transfer |
| STCH | Status Change | 2 | FEE_INC_NORM | Credit | FEE_INC_DOUB | Status accounting (Backward Movement) for FEE Component - Income Transfer |
| STCH | Status Change | 1 | PRINCIPAL_CAST_DOUB | Debit | PRINCIPAL_CONT_DOUB | Status accounting (Forward Movement) for PRINCIPAL Component - Contingent Accounting |
| STCH | Status Change | 2 | PRINCIPAL_CLBT_DOUB | Credit | PRINCIPAL_CONT_DOUB | Status accounting (Forward Movement) for PRINCIPAL Component - Contingent Accounting |
| STCH | Status Change | 1 | INTEREST_CAST_DOUB | Debit | INTEREST_CONT_DOUB | Status accounting (Forward Movement) for INTEREST Component - Contingent Accounting |
| STCH | Status Change | 2 | INTEREST_CLBT_DOUB | Credit | INTEREST_CONT_DOUB | Status accounting (Forward Movement) for INTEREST Component - Contingent Accounting |
| STCH | Status Change | 1 | FEE_CAST_DOUB | Debit | FEE_CONT_DOUB | Status accounting (Forward Movement) for FEE Component - Contingent Accounting |
| STCH | Status Change | 2 | FEE_CLBT_DOUB | Credit | FEE_CONT_DOUB | Status accounting (Forward Movement) for FEE Component - Contingent Accounting |
| STCH | Status Change | 1 | PRINCIPAL_CLBT_DOUB | Debit | PRINCIPAL_CONT_DOUB | Status accounting (Backward Movement) for PRINCIPAL Component - Contingent Accounting |
| STCH | Status Change | 2 | PRINCIPAL_CAST_DOUB | Credit | PRINCIPAL_CONT_DOUB | Status accounting (Backward Movement) for PRINCIPAL Component - Contingent Accounting |
| STCH | Status Change | 1 | INTEREST_CLBT_DOUB | Debit | INTEREST_CONT_DOUB | Status accounting (Backward Movement) for INTEREST Component - Contingent Accounting |
| STCH | Status Change | 2 | INTEREST_CAST_DOUB | Credit | INTEREST_CONT_DOUB | Status accounting (Backward Movement) for INTEREST Component - Contingent Accounting |
| STCH | Status Change | 1 | FEE_CLBT_DOUB | Debit | FEE_CONT_DOUB | Status accounting (Backward Movement) for FEE Component - Contingent Accounting |
| STCH | Status Change | 2 | FEE_CAST_DOUB | Credit | FEE_CONT_DOUB | Status accounting (Backward Movement) for FEE Component - Contingent Accounting |
| STCH | Status Change | 1 | INTEREST_INC_DOUB | Debit | INTEREST_RACR_REAL | Status accounting (Forward Movement) for INTEREST Component - Accruals Reversed - Real Ledgers |
| STCH | Status Change | 2 | INTEREST_REC_DOUB | Credit | INTEREST_RACR_REAL | Status accounting (Forward Movement) for INTEREST Component - Accruals Reversed - Real Ledgers |
| STCH | Status Change | 1 | INTEREST_INC_DOUB | Debit | INTEREST_RACR_CONT | Status accounting (Forward Movement) for INTEREST Component - Accruals Reversed - Contingent Ledgers |
| STCH | Status Change | 2 | INTEREST_REC_DOUB | Credit | INTEREST_RACR_CONT | Status accounting (Forward Movement) for INTEREST Component - Accruals Reversed - Contingent Ledgers |
| PMNT | Payments | 1 | PRINCIPAL_CLBT_DOUB | Debit | PRINCIPAL_DOUB_CREV | Accounting for Contingent Reversals as a result of payment - PRINCIPAL Component |
| PMNT | Payments | 2 | PRINCIPAL_CAST_DOUB | Credit | PRINCIPAL_DOUB_CREV | Accounting for Contingent Reversals as a result of payment - PRINCIPAL Component |
| PMNT | Payments | 1 | INTEREST_CLBT_DOUB | Debit | INTEREST_DOUB_CREV | Accounting for Contingent Reversals as a result of payment - INTEREST Component |
| PMNT | Payments | 2 | INTEREST_CAST_DOUB | Credit | INTEREST_DOUB_CREV | Accounting for Contingent Reversals as a result of payment - INTEREST Component |
| PMNT | Payments | 1 | FEE_CLBT_DOUB | Debit | FEE_DOUB_CREV | Accounting for Contingent Reversals as a result of payment - FEE Component |
| PMNT | Payments | 2 | FEE_CAST_DOUB | Credit | FEE_DOUB_CREV | Accounting for Contingent Reversals as a result of payment - FEE Component |
| PMNT | Payments | 1 | INTEREST_INC_STAT | Debit | INTEREST_INCM | Accounting for Income Transfers as a result of payment - INTEREST Component |
| PMNT | Payments | 2 | INTEREST_INC_NORM | Credit | INTEREST_INCM | Accounting for Income Transfers as a result of payment - INTEREST Component |
| PMNT | Payments | 1 | FEE_INC_STAT | Debit | FEE_INCM | Accounting for Income Transfers as a result of payment - FEE Component |
| PMNT | Payments | 2 | FEE_INC_NORM | Credit | FEE_INCM | Accounting for Income Transfers as a result of payment - FEE Component |
| PMNT | Payments | 1 | BORROWER | Debit | INTEREST_SPMT | Accounting for INTEREST Component - Partial Payment allocation among Real and Contingent Ledgers |
| PMNT | Payments | 2 | INTEREST_INC_NORM | Credit | INTEREST_SPMT | Accounting for INTEREST Component - Partial Payment allocation among Real and Contingent Ledgers |
| PMNT | Payments | 1 | BORROWER | Debit | FEE_SPMT | Accounting for FEE Component - Partial Payment allocation among Real and Contingent Ledgers |
| PMNT | Payments | 2 | FEE_INC_NORM | Credit | FEE_SPMT | Accounting for FEE Component - Partial Payment allocation among Real and Contingent Ledgers |
| PMNT | Payments | 1 | BORROWER | Debit | INTEREST_CACR | Accounting for INTEREST Component - CatchUp Accruals as per the amount paid |
| PMNT | Payments | 2 | INTEREST_INC_NORM | Credit | INTEREST_CACR | Accounting for INTEREST Component - CatchUp Accruals as per the amount paid |
| PMNT | Payments | 1 | BORROWER | Debit | FEE_CACR | Accounting for FEE Component - CatchUp Accruals as per the amount paid |
| PMNT | Payments | 2 | FEE_INC_NORM | Credit | FEE_CACR | Accounting for FEE Component - CatchUp Accruals as per the amount paid |
Legion - Asset
PRINCIPAL - PRINCIPAL Component.
INTEREST - INTEREST Component including Penalty interest.
FEE - FEE Component including Event and Periodic fees.
Contingent and Income transfer accounting as a combined feature are not supported.
Income Transfer accounting is applicable for Principal, Interest and Periodic fee.
Contingent Accrual, Stop Accrual and Reverse Accrual features are applicable for Billing Products.
Accounting depends on multiple features, as enabled in lending policy and asset classification preferences.
Table 10-2 Accounting Entires - Asset
| Event Code | Pair | Event Description | Debit/Credit | Accounting Head | Amount Tag | Remarks |
|---|---|---|---|---|---|---|
| CAPN | 1 | Capitalization | Debit | PRINCIPAL_CAST_xxx* | PRINCIPAL_CONT_CAP | Interest - Regular, Penalty, Accrued - capitalized → Accrual → Contingent |
| CAPN | 2 | Capitalization | Credit | PRINCIPAL_CLBT_xxx* | PRINCIPAL_CONT_CAP | Interest - Regular, Penalty, Accrued - capitalized → Accrual → Contingent |
| CAPN | 1 | Capitalization | Debit | PRINCIPAL_CAST_xxx* | PRINCIPAL_CONT_CAP | Fee - Periodic, Accrued Periodic - capitalized → Accrual → Contingent |
| CAPN | 2 | Capitalization | Credit | PRINCIPAL_CLBT_xxx* | PRINCIPAL_CONT_CAP | Fee - Periodic, Accrued Periodic - capitalized → Accrual → Contingent |
| CAPN | 1 | Capitalization | Debit | INTEREST_CLBT_xxx* | INTEREST_CREV | Contingent Interest accounting reversal to the extent of interest capitalization |
| CAPN | 2 | Capitalization | Credit | INTEREST_CAST_xxx* | INTEREST_CREV | Contingent Interest accounting reversal to the extent of interest capitalization |
| CAPN | 1 | Capitalization | Debit | FEE_CLBT_xxx* | FEE_CREV | Contingent Fee accounting reversal to the extent of fees capitalization |
| CAPN | 2 | Capitalization | Credit | FEE_CAST_xxx* | FEE_CREV | Contingent Fee accounting reversal to the extent of fees capitalization |
| CAPN | 1 | Capitalization | Debit | PRINCIPAL_AST | INTEREST_SCAP | Accounting for differential amount wherein balances for real and contingent interest ledgers are not in sync and a partial sum is capitalized |
| CAPN | 2 | Capitalization | Credit | INTEREST_INC | INTEREST_SCAP | Accounting for differential amount wherein balances for real and contingent interest ledgers are not in sync and a partial sum is capitalized |
| CAPN | 1 | Capitalization | Debit | PRINCIPAL_AST | FEE_SCAP | Accounting for differential amount wherein balances for real and contingent fee ledgers are not in sync and a partial sum is capitalized |
| CAPN | 2 | Capitalization | Credit | FEE_INC | FEE_SCAP | Accounting for differential amount wherein balances for real and contingent fee ledgers are not in sync and a partial sum is capitalized |
| CAPN | 1 | Capitalization | Debit | INTEREST_INC | INTEREST_INCM | Interest income transfer to the extent of interest capitalization** |
| CAPN | 2 | Capitalization | Credit | INTEREST_INC_NORM | INTEREST_INCM | Interest income transfer to the extent of interest capitalization** |
| CAPN | 1 | Capitalization | Debit | FEE_INC | FEE_INCM | Fee income transfer to the extent of fee capitalization** |
| CAPN | 2 | Capitalization | Credit | FEE_INC_NORM | FEE_INCM | Fee income transfer to the extent of fee capitalization** |
PRINCIPAL, INTEREST, FEE → considered as component codes in the above illustration
*xxx - Stands for the respective status code applicable
** - Subject to income transfers enabled
Accounting Entires - Non-Asset
Table 10-3 Accounting Entires - Non-Asset
| Event Code | Event Description | Pair | Accounting Head | Debit/Credit | Amount Tag | Remarks |
|---|---|---|---|---|---|---|
| BOOK | Booking | 1 | Principal_OAST | Dr. | Principal_CO NT_BOOK | Off-balance sheet Contingent Accounting |
| BOOK | Booking | 2 | Principal_OLBT | Cr. | Principal_CONT_BOOK | Off-balance sheet Contingent Accounting |
| BOOK | Booking | 1 | BORROWER | Dr. | FEES_DEDN | Not Amortized,PayNow → Payment during booking |
| BOOK | Booking | 2 | FEES_INC | Cr. | FEES_DEDN | Not Amortized, PayNow → Payment during booking |
| BOOK | Booking | 1 | FEES_REC | Dr. | FEES_ASMT | Not Amortized, PayLater → Booking a receivable |
| BOOK | Booking | 2 | FEES_INC | Cr. | FEES_ASMT | Not Amortized, PayLater → Booking a receivable |
| BOOK | Booking | 1 | BORROWER | Dr. | FEES_DEDN | Amortized, PayNow → Payment during booking |
| BOOK | Booking | 2 | FEES_RIA | Cr. | FEES_DEDN | Amortized, PayNow → Payment during booking |
| BOOK | Booking | 1 | FEES_REC | Dr. | FEES_ASMT | Amortized, PayLater → Booking a receivable |
| BOOK | Booking | 2 | FEES_RIA | Cr. | FEES_ASMT | Amortized, PayLater → Booking aReceivable |
| BOOK | Booking | 1 | BORROWER | Dr. | INSURANCE_DEDN | Insurance Premium collection pay now |
| BOOK | Booking | 2 | INSURANCE_GL | Cr. | INSURANCE_DEDN | Insurance Premium collection pay now |
| DSBR | Disbursement | 1 | PRINCIPAL_AST | Debit | PRINCIPAL_DSBR | Disbursement Accounting |
| DSBR | Disbursement | 2 | BORROWER | Credit | PRINCIPAL_DSBR | Disbursement Accounting (Credit account is subject to payment mode) |
| DSBR | Disbursement | 1 | PRINCIPAL_OLBT | Debit | Principal_CONT_DSBR | Off-balance
sheet Contingent Accounting Reversal |
| DSBR | Disbursement | 2 | Principal_OAST | Credit | Principal_CO NT_DSBR | Off-balance sheet Contingent Accounting Reversal |
| DSBR | Disbursement | 1 | FEE_REC | Debit | FEE_ASMT | Fee Assessment Accounting (Unamortized Fees assessed) |
| DSBR | Disbursement | 2 | FEE_INC | Credit | FEE_ASMT | Fee Assessment Accounting |
| DSBR | Disbursement | 1 | BORROWER | Debit | FEE_DEDN | Fee Payment Accounting (Unamortized Fees paid - BORROWER CASA) |
| DSBR | Disbursement | 2 | FEE_INC | Credit | FEE_DEDN | Fee Payment Accounting |
| DSBR | Disbursement | 1 | PRINCIPAL_AST | Debit | FEE_FCAP | Fee Assessed and Capitalized (Unamortized Fees capitalized) |
| DSBR | Disbursement | 2 | FEE_INC | Credit | FEE_FCAP | Fee Assessed and Capitalized |
| DSBR | Disbursement | 1 | FEE_REC | Debit | FEE_ASMT | Fee Assessment Accounting (Amortized Fees assessed) |
| DSBR | Disbursement | 2 | FEE_RIA | Credit | FEE_ASMT | Fee Assessment Accounting |
| DSBR | Disbursement | 1 | BORROWER | Debit | FEE_DEDN | Fee Payment Accounting (Amortized Fees paid - BORROWER CASA) |
| DSBR | Disbursement | 2 | FEE_RIA | Credit | FEE_DEDN | Fee Payment Accounting |
| DSBR | Disbursement | 1 | PRINCIPAL_AST | Debit | FEE_FCAP | Fee Assessed and Capitalized (Amortized Fees capitalized) |
| DSBR | Disbursement | 2 | FEE_RIA | Credit | FEE_FCAP | Fee Assessed and Capitalized |
| DSBR | Disbursement | 1 | BORROWER | Debit | INSURANCE_DEDN | Insurance Premium collection pay now |
| DSBR | Disbursement | 2 | INSURANCE_GL | Credit | INSURANCE_DEDN | Insurance Premium collection pay now |
| DSBR | Disbursement | 1 | PRINCIPAL_AST | Debit | INSURANCE_FCAP | Insurance Premium collection capitalize |
| DSBR | Disbursement | 2 | PRINCIPAL_GL | Credit | INSURANCE_FCAP | Insurance Premium collection capitalize |
| ACCR | Interest Accruals | 1 | INTEREST_REC | Debit | INTEREST_ACCR | Interest Accruals Accounting |
| ACCR | Interest Accruals | 2 | INTEREST_INC | Credit | INTEREST_ACCR | Interest Accruals Accounting (Application in arrears) |
| FACR | Fee Accruals | 1 | FEE_REC | Debit | FEE_FACR | Fee Accruals Accounting |
| FACR | Fee Accruals | 2 | FEE_INC | Credit | FEE_FACR | Fee Accruals Accounting (Application in advance) |
| FACR | Fee Accruals | 1 | FEE_RIA | Debit | FEE_FACR | Fee Accruals Accounting |
| FACR | Fee Accruals | 2 | FEE_RIA | Credit | FEE_FACR | Fee Accruals Accounting(Applicationin advance) |
| ADCH | Adhoc Fees Assessment | 1 | FEE_REC | Debit | FEE_ASMT | Fee Assessment Accounting (Unamortized Fees assessed) |
| ADCH | Adhoc Fees Assessment | 2 | FEE_INC | Credit | FEE_ASMT | Fee Assessment Accounting |
| ADCH | Adhoc Fees Assessment | 1 | BORROWER | Debit | FEE_DEDN | Fee Payment Accounting (Unamortized Fees paid - BORROWER CASA) |
| ADCH | Adhoc Fees Assessment | 2 | FEE_INC | Credit | FEE_DEDN | Fee Payment Accounting |
| ADCH | Adhoc Fees Assessment | 1 | FEE_REC | Debit | FEE_ASMT | Fee Assessment Accounting (Amortized Fees assessed) |
| ADCH | Adhoc Fees Assessment | 2 | FEE_RIA | Credit | FEE_ASMT | Fee Assessment Accounting |
| ADCH | Adhoc Fees Assessment | 1 | BORROWER | Debit | FEE_DEDN | Fee Payment Accounting (Amortized Fees paid - BORROWER CASA) |
| ADCH | Adhoc Fees Assessment | 2 | FEE_RIA | Credit | FEE_DEDN | Fee Payment Accounting |
| PSFA | Periodic Scheduled Fees Assessment | 1 | FEE_REC | Debit | FEE_ASMT | Fee Assessment Accounting (Unamortized Fees assessed) |
| PSFA | Periodic Scheduled Fees Assessment | 2 | FEE_INC | Credit | FEE_ASMT | Fee Assessment Accounting |
| LPFA | Late Payment Fees Assessment | 1 | FEE_REC | Debit | FEE_ASMT | Fee Assessment Accounting (Unamortized Fees assessed) |
| LPFA | Late Payment Fees Assessment | 2 | FEE_INC | Credit | FEE_ASMT | Fee Assessment Accounting |
| VAMB | Amendment Booking | 1 | FEE_REC | Debit | FEE_ASMT | Fee Assessment Accounting (Unamortized Fees assessed) |
| VAMB | Amendment Booking | 2 | FEE_INC | Credit | FEE_ASMT | Fee Assessment Accounting |
| VAMB | Amendment Booking | 1 | BORROWER | Debit | FEE_DEDN | Fee Payment Accounting (Unamortized Fees paid - BORROWER CASA) |
| VAMB | Amendment Booking | 2 | FEE_INC | Credit | FEE_DEDN | Fee Payment Accounting |
| VAMB | Amendment Booking | 1 | FEE_REC | Debit | FEE_ASMT | Fee Assessment Accounting (Amortized Fees assessed) |
| VAMB | Amendment Booking | 2 | FEE_RIA | Credit | FEE_ASMT | Fee Assessment Accounting |
| VAMB | Amendment Booking | 1 | BORROWER | Debit | FEE_DEDN | Fee Payment Accounting (Amortized Fees paid - BORROWER CASA) |
| VAMB | Amendment Booking | 2 | FEE_RIA | Credit | FEE_DEDN | Fee Payment Accounting |
| VAMI | Amendment Initiation | 1 | PRINCIPAL_OAST | Debit | PRINCIPAL_CONT_INCR | Off-balance sheet Contingent Accounting - Sanction amount increase |
| VAMI | Amendment Initiation | 2 | PRINCIPAL_OLBT | Credit | PRINCIPAL_CONT_INCR | Off-balance sheet Contingent Accounting - Sanction amount increase |
| VAMI | Amendment Initiation | 1 | PRINCIPAL_OLBT | Debit | PRINCIPAL_CONT_DECR | Off-balance sheet Contingent Accounting - Sanction amount decrease |
| VAMI | Amendment Initiation | 2 | PRINCIPAL_OAST | Credit | PRINCIPAL_CONT_DECR | Off-balance sheet Contingent Accounting - Sanction amount decrease |
| PQTE | Payoff Quote Fees | 1 | FEE_REC | Debit | FEE_ASMT | Fee Assessment Accounting (Unamortized Fees assessed) |
| PQTE | Payoff Quote Fees | 2 | FEE_INC | Credit | FEE_ASMT | Fee Assessment Accounting |
| PQTE | Payoff Quote Fees | 1 | BORROWER | Debit | FEE_DEDN | Fee Payment Accounting (Unamortized Fees paid - BORROWER CASA) |
| PQTE | Payoff Quote Fees | 2 | FEE_INC | Credit | FEE_DEDN | Fee Payment Accounting |
| PQTE | Payoff Quote Fees | 1 | FEE_REC | Debit | FEE_ASMT | Fee Assessment Accounting (Amortized Fees assessed) |
| PQTE | Payoff Quote Fees | 1 | BORROWER | Debit | FEE_DEDN | Fee Payment Accounting (Amortized Fees paid - BORROWER CASA) |
| PQTE | Payoff Quote Fees | 2 | FEE_RIA | Credit | FEE_DEDN | Fee Payment Accounting |
| ACBU | Accrual Components Balance Update | 1 | PRINCIPAL_AST | Debit | INTEREST_CAP | Moratorium Interest Capitalization Accounting |
| ACBU | Accrual Components Balance Update | 2 | INTEREST_REC | Credit | INTEREST_CAP | Moratorium Interest Capitalization Accounting |
| FRFT | Forfeiture | 1 | MEMO_LIB | Debit | MEMO_FRFT | Excess Payment Forfeiture Accounting |
| FRFT | Forfeiture | 2 | MEMO_INC | Credit | MEMO_FRFT | Excess Payment Forfeiture Accounting |
| RFND | Refund | 1 | MEMO_LIB | Debit | MEMO_RFND | Excess Payment Refund Accounting |
| RFND | Refund | 2 | BORROWER | Credit | MEMO_RFND | Excess Payment Refund Accounting |
| PROV | Provisions | 1 | PROVISION_EXP | Debit | PRINCIPAL_PROV | Provision Accounting for Principal (Configurable) |
| PROV | Provisions | 2 | PRINCIPAL_PAY | Credit | PRINCIPAL_PROV | Provision Accounting for Principal |
| PROV | Provisions | 1 | PROVISION_EXP | Debit | INTEREST_PROV | Provision Accounting for Interest (Configurable) |
| PROV | Provisions | 2 | INTEREST_PAY | Credit | INTEREST_PROV | Provision Accounting for Interest |
| PROV | Provisions | 1 | PROVISION_EXP | Debit | FEE_PROV | Provision Accounting for Fee (Configurable) |
| PROV | Provisions | 2 | FEE_PAY | Credit | FEE_PROV | Provision Accounting for Fee |
| WAVR | Waivers | 1 | FEE_EXP | Debit | FEE_WAVR | Waiver Accounting for Fee |
| WAVR | Waivers | 2 | FEE_REC | Credit | FEE_WAVR | Waiver Accounting for Fee |
| WAVR | Waivers | 1 | FEES_EXP | Debit | FEES_WAVR | Fees unpaid waived |
| WAVR | Waivers | 2 | FEES_REC | Credit | FEES_WAVR | Fees unpaid waived |
| WAVR | Waivers | 1 | INTEREST_EXP | Credit | INTEREST_WAVR | Waiver Accounting for Interest |
| WAVR | Waivers | 2 | INTEREST_REC | Credit | INTEREST_WAVR | Waiver Accounting for Interest |
| WAVR | Waivers | 1 | PRINCIPAL_EXP | Debit | PRINCIPAL_WAVR | Waiver Accounting for Principal |
| WAVR | Waivers | 2 | PRINCIPAL_REC | Credit | INTEREST_WAVR | Waiver Accounting for Principal |
| WOFF | WriteOff | 1 | WRITEOFF_EXP | Debit | PRINCIPAL_WOFF | Write-off Accounting for Principal |
| WOFF | WriteOff | 2 | PRINCIPAL_AST | Credit | PRINCIPAL_WOFF | Write-off Accounting for Principal |
| WOFF | WriteOff | 1 | WRITEOFF_EXP | Debit | INTEREST_WOFF | Write-off Accounting for Interest |
| WOFF | WriteOff | 2 | INTEREST_REC | Credit | INTEREST_WOFF | Write-off Accounting for Interest |
| WOFF | WriteOff | 1 | WRITEOFF_EXP | Debit | FEE_WOFF | Write-off Accounting for Fee |
| WOFF | WriteOff | 2 | FEE_REC | Credit | FEE_WOFF | Write-off Accounting for Fee |
| PMNT | Payments | 1 | BORROWER | Debit | PRINCIPAL_PMNT | Principal Repayment Accounting (Debit account is subject to payment mode) |
| PMNT | Payments | 2 | PRINCIPAL_AST | Credit | PRINCIPAL_PMNT | Principal Repayment Accounting |
| PMNT | Payments | 1 | PRINCIPAL_OLBT | Debit | Principal_CONT_PMNT | Off-balance sheet Contingent Accounting Reversal → Loan Payoff leading to Closure |
| PMNT | Payments | 2 | Principal_OAST | Credit | Principal_CONT_PMNT | Off-balance sheet Contingent Accounting Reversal → Loan Payoff leading to Closure |
| PMNT | Payments | 1 | BORROWER | Debit | INTEREST_PMNT | Interest Repayment Accounting (Debit account is subject to payment mode) |
| PMNT | Payments | 2 | INTEREST_REC | Credit | INTEREST_PMNT | Interest Repayment Accounting |
| PMNT | Payments | 1 | BORROWER | Debit | FEE_PMNT | Fee Payment Accounting (Assessed Fees paid later) |
| PMNT | Payments | 2 | FEE_REC | Credit | FEE_PMNT | Fee Payment Accounting |
| PMNT | Payments | 1 | BORROWER | Debit | FEE_DEDN | Fee Payment Accounting (Prepayment - Unamortized Fees paid - BORROWER CASA) |
| PMNT | Payments | 2 | FEE_INC | Credit | FEE_DEDN | Fee Payment Accounting |
| PMNT | Payments | 1 | BORROWER | Debit | FEE_DEDN | Fee Payment Accounting (Prepayment - Amortized Fees paid - BORROWER CASA) |
| PMNT | Payments | 2 | FEE_RIA | Credit | FEE_DEDN | Fee Payment Accounting |
| PMNT | Payments | 1 | BORROWER | Debit | MEMO_PMNT | Excess Payment Accounting |
| PMNT | Payments | 2 | MEMO_LIB | Credit | MEMO_PMNT | Excess Payment Accounting |
| PMNT | Payments | 1 | BORROWER | Debit | FEES_PMNT | BOOK Fees Not Amortized, Pay Later → Payment |
| PMNT | Payments | 2 | FEES_REC | Credit | FEES_PMNT | BOOK Fees Not Amortized, Pay Later → Payment |
| PMNT | Payments | 1 | PRINCIPAL_EXP | Debit | PRINCIPAL_WAVR | Automatic principal waiver on full payoff |
| PMNT | Payments | 2 | PRINCIPAL_AST | Credit | PRINCIPAL_WAVR | Automatic principal waiver on full payoff |
| PMNT | Payments | 1 | INTEREST_EXP | Debit | INTEREST_WAVR | Automatic Interest waiver on full payoff |
| PMNT | Payments | 2 | INTEREST_REC | Credit | INTEREST_WAVR | Automatic Interest waiver on full payoff |
| PMNT | Payments | 1 | FEE_EXP | Debit | FEE_WAVR | Automatic Fee waiver on full payoff |
| PMNT | Payments | 2 | FEE_REC | Credit | FEE_WAVR | Automatic Fee waiver on full payoff |
| PMNT | Payments | 1 | MEMO_LIB | Debit | MEMO_FRFT | Automatic Forfeiture of excess on full payoff |
| PMNT | Payments | 2 | MEMO_INC | Credit | MEMO_FRFT | Automatic Forfeiture of excess on full payoff |
| CAPN | Capitalization | 1 | PRINCIPAL_AST | Debit | FEE_FCAP | Fee Capitalization |
| CAPN | Capitalization | 2 | FEE_REC | Credit | FEE_FCAP | Fee Capitalization |
| CAPN | Capitalization | 1 | PRINCIPAL_AST | Debit | INTEREST_CAP | Interest Capitalization |
| CAPN | Capitalization | 2 | INTEREST_REC | Credit | INTEREST_CAP | Interest Capitalization |
Legion - Non-asset
PRINCIPAL - PRINCIPAL Component.
INTEREST - INTEREST Component including Penalty interest.
FEE - FEE Component including Event and Periodic fees.
INSURANCE – INSURANCE Component
Accounting Documentation with the assumption that account is in NORMAL status.
Status change related accounting separately documented.
Life cycle events without Accounting
Table 10-4 Life cycle events without Accounting
| Event Code | Event Description | Pair | Accounting Head | Debit/Credit | Amount Tag | Remarks |
|---|---|---|---|---|---|---|
| INIT | Initiation | NA | NA | NA | NA | Event indicates account initiated for further life-cycle after onboarding/booking |
| DREV | Disbursement Reversal | NA | NA | NA | NA | Event indicates disbursement reversal with accounting reversal for disbursement and replayed events, if any |
| PREV | Payment Reversal | NA | NA | NA | NA | Event indicates payment reversal with accounting reversal for payment and replayed events, if any |
| REVR | Event Reversal | NA | NA | NA | NA | Event indicates backdated transaction with accounting for replayed events |
| BGEN | Bill Generation | NA | NA | NA | NA | Event indicates bill generation for billing products |
| POFF | Paidoff | NA | NA | NA | NA | Event indicates account is fully paid, awaiting closure |
| CLOS | Closed | NA | NA | NA | NA | Event indicates account is fully paid and closed |
| AAMD | Non-financial Amendments | NA | NA | NA | NA | Event indicates non-financial amendments |
| REVN | Rate Revision | NA | NA | NA | NA | Event indicates index based rate revision |
| REST | Restructure | NA | NA | NA | NA | Event indicates restructure in terms of borrower obligations |
| AMDC | Amendment Reset Counter | NA | NA | NA | NA | Event indicates resetting of amendment counters post financial amendments |
| EPMT | Excess Payment | NA | NA | NA | NA | Event indicates excess payments for billing products |
| DBSU | Due date Balance & Schedule Update | NA | NA | NA | NA | Event indicates updates for interest and late fee updates in case of payment failures |