Event-wise Accounting Entries

CMPY – Cash Margin Pay

This event is triggered when cash margin transfer to the counterparty is initiated from ‘Collateral Assignment Process (SRDMRONL)’ function.

Applicable,
when a stand-alone transfer of cash margin for a specific Agreement or Portfolio or Contract is initiated
for all margin types including Initial and Variation margin
Triggered,
when the bank (as ‘Pledger’) transfers the cash margin to provide additional collateral
when the bank (as ‘Receiver’) returns the excess cash margin received earlier

Accounting entries that can be configured for this event are tabled below.

‘CUSTOMER_AC’ is the Margin Account (with the Party) selected for the transaction (in the Cash tab)
‘CUST_AC_OFFSET’ is the Nostro Account (of the Bank) from the SSI selected for the transaction (in the Settlements tab)

Please refer List of Amount Tags and List of Accounting Roles, in this document for the description of the amount tags and accounting roles used in this event.

Table 7-4 CMPY – Cash Margin Pay

Accounting Role	Amount Tag	Debit/Credit
CUSTOMER_AC	TXN_AMOUNT	Debit
CUST_AC_OFFSET	TXN_AMOUNT_EQ	Credit

CMRV – Cash Margin Receive

This event is triggered when cash margin receipt from the counterparty is initiated from ‘Collateral Assignment Process (SRDMRONL)’ function.

Applicable,
when a stand-alone receipt of cash margin for a specific Agreement or Portfolio or Contract is initiated
for all margin types including Initial and Variation margin
Triggered,
when the bank (as ‘Pledger’) receives the excess cash margin returned by the counterparty
when the bank (as ‘Receiver’) receives cash as additional collateral from the counterparty

Accounting entries that can be configured for this event are tabled below.

‘CUSTOMER_AC’ is the Margin Account (with the Party) selected for the transaction (in the Cash tab)
‘CUST_AC_OFFSET’ is the Nostro Account (of the Bank) from the SSI selected for the transaction (in the Settlements tab)

Please refer List of Amount Tags and List of Accounting Roles in this document for the description of the amount tags and accounting roles used in this event.

Table 7-5 CMRV – Cash Margin Receive

Accounting Role	Amount Tag	Debit/Credit
CUST_AC_OFFSET	TXN_AMOUNT_EQ	Debit
CUSTOMER_AC	TXN_AMOUNT	Credit

SMPY – Securities Margin Pay

This event is triggered when securities transfer to the counterparty is initiated from ‘Collateral Assignment Process (SRDMRONL)’ function.

Applicable,
when a stand-alone transfer of securities collateral for a specific Agreement or Portfolio or Contract is initiated
for all margin types including Initial and Variation margin
Triggered,
when the bank (as ‘Pledger’) transfers the securities to provide additional collateral
when the bank (as ‘Receiver’) returns the excess securities collateral received earlier

No Accounting entries can be configured for this event, since the accounting entries would be posted for the linked Securities deals created by the system for the securities transferred.

SMRV – Securities Margin Receive

This event is triggered when securities receipt to the counterparty is initiated from ‘Collateral Assignment Process (SRDMRONL)’ function.

Applicable,
when a stand-alone receipt of securities collateral for a specific Agreement or Portfolio or Contract is initiated
for all margin types including Initial and Variation margin
Triggered,
when the bank (as ‘Pledger’) receives the excess securities collateral returned by the counterparty
when the bank (as ‘Receiver’) receives additional securities collateral from the counterparty

No Accounting entries can be configured for this event, since the accounting entries would be posted for the linked Securities deals created by the system for the securities received.

ADIM – Net Initial Margin Transfer

This event is triggered when pre-netting of cash margin for net initial margin required, is initiated from ‘Cash-Margin Netting Initiation Process (MGDCMINI)’ function.

Triggered,
when cash margins for multiple Margin Accounts linked to the selected settlement scheme are initiated together
for the net margin calculated for all the deals linked to the respective margin accounts
Applicable,
when net margin calculated is to be paid or received by the bank
for all margin types other than variation margin, including Initial Margin and Independent Amount

Accounting entries that can be configured for this event are tabled below.

‘BROKER_IMAC’ is the Margin Account (with the Party) selected for the transaction (in the Initial Margin tab)
‘SCHEME_GL’ is the ‘Net Settlement-Bridge GL’ configured for the selected (Margin-Netting) Scheme for the transaction
Entries is posted separately for each Margin Account selected for the transaction

Please refer List of Amount Tags and List of Accounting Roles in this document for the description of the amount tags and accounting roles used in this event.

Table 7-6 ADIM – Net Initial Margin Transfer

Accounting Role	Amount Tag	Debit/Credit
BROKER_IMAC	BROKER_IM_PAY	Debit
SCHEME_GL	SCHEME_SETL_AMNT	Credit
SCHEME_GL	SCHEME_SETL_AMNT	Debit
BROKER_IMAC	BROKER_IM_REC	Credit

ADVM – Net Variation Margin Transfer

This event is triggered when pre-netting of cash margin for net variation margin required, is initiated from ‘Cash-Margin Netting Initiation Process (MGDCMINI)’ function.

Triggered,
when cash margins for multiple Margin Accounts linked to the selected settlement scheme are initiated together
for the net profit-loss calculated for all the deals linked to the respective margin accounts
Applicable,
when net profit-loss calculated is to be paid or received by the bank
only for variation margin

Accounting entries that can be configured for this event are tabled below.

‘BROKER_VMAC’ is the Margin Account (with the Party) selected for the transaction (in the Initial Margin tab)
‘SCHEME_GL’ is the ‘Net Settlement-Bridge GL’ configured for the selected (Margin-Netting) Scheme for the transaction
Entries are posted separately for each Margin Account selected for the transaction

Please refer List of Amount Tags and List of Accounting Roles in this document for the description of the amount tags and accounting roles used in this event.

Table 7-7 ADVM – Net Variation Margin Transfer

Accounting Role	Amount Tag	Debit/Credit
BROKER_VMAC	BROKER_VM_PAY	Debit
SCHEME_GL	SCHEME_SETL_AMNT	Credit
SCHEME_GL	SCHEME_SETL_AMNT	Debit
BROKER_VMAC	BROKER_VM_REC	Credit

ADBR – Net Brokerage Settlement

This event is triggered when pre-netting of deal cashflows, is initiated from ‘Cash-Margin Netting Initiation Process (MGDCMINI)’ function.

Triggered,
when liquidation of multiple Brokerage components linked to the selected settlement scheme are initiated together
for the net amount calculated for the respective cashflow components for all the deals linked to the selected scheme
Applicable,
only for Brokerage Payable

Accounting entries that can be configured for this event are tabled below.

‘SCHEME_GL’ is the ‘Net Settlement-Bridge GL’ configured for the selected (Margin-Netting) Scheme for the transaction
Entries are posted separately for each Brokerage component selected for the transaction

Please refer List of Amount Tags and List of Accounting Roles, in this document for the description of the amount tags and accounting roles used in this event.

Table 7-8 ADBR – Net Brokerage Settlement

Accounting Role	Amount Tag	Debit/Credit
BROKADJ_CGEXP	BROKAMT_ADJ_CGEXP	Debit
NET_SETT_PAY	BROKAMT_ADJ_CGEXP	Credit
NET_SETT_PAY	BROKAMT_ADJ_CGINC	Debit
BROKADJ_CGINC	BROKAMT_ADJ_CGINC	Credit
BROKADJ_EXEXP	BROKAMT_ADJ_EXEXP	Debit
NET_SETT_PAY	BROKAMT_ADJ_EXEXP	Credit
NET_SETT_PAY	BROKAMT_ADJ_EXINC	Debit
BROKADJ_EXINC	BROKAMT_ADJ_EXINC	Credit
BROKADJ_EXP	BROKAMT_ADJ_EXP	Debit
NET_SETT_PAY	BROKAMT_ADJ_EXP	Credit
NET_SETT_PAY	BROKAMT_ADJ_INC	Debit
BROKADJ_INC	BROKAMT_ADJ_INC	Credit
BROK_NET_ADJ	BROK_NET_ADJ	Debit
NET_SETT_PAY	BROK_NET_ADJ	Credit
NET_SETT_PAY	BROKAMT_LIQD	Debit
SCHEME_GL	SCHEME_SETL_AMNT	Credit

LIQD – Net Cashflow Settlement

This event is triggered when pre-netting of deal cashflows, is initiated from ‘Cash-Margin Netting Initiation Process (MGDCMINI)’ function.

Triggered,
when liquidation of multiple cashflow components linked to the selected settlement scheme are initiated together
for the net amount calculated, for the respective cashflow components, for all the deals linked to the selected scheme for netting
Applicable,
when net amount calculated is to be paid or received by the bank
for all cashflow types enabled for netting and linked to the settlement scheme through an Agreement or Portfolio or Deal

Accounting entries that can be configured for this event are tabled below.

‘SCHEME_GL’ is the ‘Net Settlement-Bridge GL’ configured for the selected (Margin-Netting) Scheme for the pre-netting transaction
Entries are posted separately for each Cashflow component selected for the pre-netting transaction (in the Deal Cashflows tab)

Please refer List of Amount Tags and List of Accounting Roles,in this document for the description of the amount tags and accounting roles used in this event.

Table 7-9 LIQD – Net Cashflow Settlement

Accounting Role	Amount Tag	Debit/Credit
NET_SETT_EXP	CASHFLOW_ADJ_EXP	Debit
NET_SETT_PAY	CASHFLOW_ADJ_EXP	Credit
NET_SETT_REC	CASHFLOW_ADJ_INC	Debit
NET_SETT_INC	CASHFLOW_ADJ_INC	Credit
NET_SETT_ADJ	CASHFLOW_NET_ADJ_PAY	Debit
NET_SETT_PAY	CASHFLOW_NET_ADJ_PAY	Credit
NET_SETT_REC	CASHFLOW_NET_ADJ_REC	Debit
NET_SETT_ADJ	CASHFLOW_NET_ADJ_REC	Credit
NET_SETT_PAY	CASHFLOW_NET_PAY	Debit
SCHEME_GL	SCHEME_SETL_AMNT	Credit
SCHEME_GL	SCHEME_SETL_AMNT	Debit
NET_SETT_REC	CASHFLOW_NET_REC	Credit

MTOP – Cash Net Payment

This event is triggered when net settlement of cash is initiated from ‘Cash-Margin Net Settlement Process (MGDSETLM)’ function.

Applicable,
for all pre-netting transactions initiated using ‘Cash-Margin Netting Initiation (MGDCMINI)’ function
for all cash settlement transactions marked for netting
Triggered,
when net amount calculated is to be paid by the bank

Accounting entries that can be configured for this event are tabled below.

‘SCHEME_GL’ is the ‘Net Settlement-Bridge GL’ configured for the selected (Margin-Netting) Scheme for the net settlement transaction
‘CUSTOMER’ is the Nostro Account (of the Bank) from the SSI selected for the transaction (in the Settlements tab)

Please refer List of Amount Tags and List of Accounting Roles, in this document for the description of the amount tags and accounting roles used in this event.

Table 7-10 MTOP – Cash Net Payment

Accounting Role	Amount Tag	Debit/Credit
SCHEME_GL	MG_SETLM_AMT_MTOP	Debit
CUSTOMER	MG_SETLM_AMT_MTOP	Credit

MREF – Cash Net Receipt

This event is triggered when net settlement of cash is initiated from ‘Cash-Margin Net Settlement Process (MGDSETLM)’ function.

Applicable,
for all pre-netting transactions initiated using ‘Cash-Margin Netting Initiation (MGDCMINI)’ function
for all cash settlement transactions marked for netting
Triggered,
when net amount calculated is to be received by the bank

Accounting entries that can be configured for this event are tabled below.

‘SCHEME_GL’ is the ‘Net Settlement-Bridge GL’ configured for the selected (Margin-Netting) Scheme for the net settlement transaction
‘CUSTOMER’ is the Nostro Account (of the Bank) from the SSI selected for the transaction (in the Settlements tab)

Please refer List of Amount Tags and List of Accounting Roles, in this document for the description of the amount tags and accounting roles used in this event.

Table 7-11 MREF – Cash Net Receipt

Accounting Role	Amount Tag	Debit/Credit
CUSTOMER	MG_SETLM_AMT_MREF	Debit
SCHEME_GL	MG_SETLM_AMT_MREF	Credit

SGEN – External Settlement Messages

This event is triggered when cash settlement that requires payment messages to be sent to an external settlement network.

Applicable,
when stand-alone cash margin payment or receipt is initiated from ‘Collateral Assignment Process (SRDMRONL)’ function
when net settlement of cash is initiated from ‘Cash-Margin Net Settlement Process (MGDSETLM)’ function
Triggered,
when net amount calculated is to be paid or received by the bank
when the network applicable for the transaction is an external settlement system like SWIFT, CHAPS, Fedwire, etc

Triggered,

few days before the parent event for cash settlement, when the settlement date > branch date, based on the settlement days defined for the currency of settlement
on the same day along with the parent event for cash settlement, when the settlement date <= branch date

No Accounting entries can be configured for this event, since the accounting entries would be posted in the parent event.

Reversal Events

These events are triggered when the respective parent event is reversed from the respective functions.

No Accounting entries can be configured for these events, since the system is internally identify the accounting entries posted for the parent event and post the same entries for the reversal event but with negative amounts (same amounts multiplied by -1).

Table 7-12 Reversal Events

Reversal Event Code	Description	Parent Event Code
RCMP	Reverse - Cash Margin Pay	CMPY
RCMR	Reverse - Cash Margin Receive	CMRV
RSMP	Reverse - Securities Margin Pay	SMPY
RSMR	Reverse - Securities Margin Receive	SMRV
RVIM	Reverse - Initial Margin Transfer	ADIM
RVVM	Reverse - Variation Margin Transfer	ADVM
RVBR	Reverse - Net Brokerage Settlement	ADBR
RVLQ	Reverse - Net Cash Flow Settlement	LIQD
RTOP	Reverse - Cash Net Payment	MTOP
RREF	Reverse - Cash Net Receipt	MREF