11.2.2.1 Incoming/Outgoing Collections

Table 11-31 GL Type

GL Type	A/C Type	Dr/Cr	Account Description
Real	Income	Cr	Charges earned
Real	Customer/Account Receivable	Dr	Customer/Charges Receivable

Table 11-32 Advices Incoming Advance

Advice Type	Advice Description
PAYMENT_ADVICE	Payment Advice
ACKNOWLEDGEMENT	Acknowledgment Advice
DOC_ARVL_NOTICE	Document Arrival Advice
REMITTANCE_LTR	Remittance Letter

Table 11-33 Stage

Stage	Clean / Doc	Sight/Usance	Bill Under LC
FIN	DOC	Sight only	Yes (mandatory)

Table 11-34 Accounting Entries

GL Type	A/C Type	Dr/Cr	Account Description	CCY	Amount
Real	Income	Cr	Charges earned.	LCY	Equivalent charge amount in LCY.
Real	Customer/ Account Receivable	Dr	Customer/Char ges Receivable	CCY	Equivalent amount of charges in the charge/fee currency if it is a Account Receivable else Equivalent amount of charges in Customer Account Currency
Real	GL	Dr	Advance under LCs	CCY	Bill amount being advanced under the LC in the contract currency.
Real	Nostro / Vostro	Cr	Nostro / Vostro Account of Settlement	CCY	Equivalent amount of the Bill amount being advanced in the Nostro/Vostro Account Currency
Contingent Liability	GL	Dr	LCs OCU Account	CCY	LC OCU decrement entry in the contract currency.
Contingent Offset	GL	Cr	GL Contingent Offset Account	CCY	LC OCU decrement offset entry in the contract currency.
Real	GL / Customer	Cr	Cash Collateral Account for Bills paid as Advance under LCs	CCY	User input Cash Collateral Amount in the Cash Collateral Currency.
Real	Customer	Dr	Cash Collateral payment Account	CCY	Equivalent User input Cash Collateral Amount in the Cash Collateral Currency.

Table 11-35 Advices

Advice Type	Advice Description
PAYMENT_ADVICE	Payment Advice
RESERVE_RELEASE	Release of Reserve Advice
DOC_ARVL_NOTICE	Document Arrival Notice
ACKNOWLEDGEMENT	Acknowledgment Advice