A.5 Event-Wise Accounting Entries

This topic describes the event-wise accounting entries in OT deals.

In the subsequent sections we have defined suggested accounting entries for each of the events in the life-cycle of deals involving OT products.

Also note that some of the Amount Tag’s linked to the Accounting Roles are user defined.

This topic contains the following sub-topics:

BOOK – Contract Booking

Table A-4 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
MKT_VAL_PUR_OPT	PUR_OPTION_PREM	Debit
OPT_PREM_PAY	PUR_OPTION_PREM	Credit
OPT_PREM_REC	WRI_OPTION_PREM	Debit
MKT_VAL_WRI_OPT	WRI_OPTION_PREM	Credit
PUR_INCEP_LOSS	PUR_INCEP_LOSS	Debit
MKT_VAL_PUR_OPT	PUR_INCEP_LOSS	Credit
WRI_INCEP_LOSS	WRI_INCEP_LOSS	Debit
MKT_VAL_WRI_OPT	WRI_INCEP_LOSS	Credit
MKT_VAL_PUR_OPT	PUR_INCEP_GAIN_DEF	Debit
PUR_IN_GAIN_DEF	PUR_INCEP_GAIN_DEF	Credit
MKT_VAL_WRI_OPT	WRI_INCEP_GAIN_DEF	Debit
WRI_IN_GAIN_DEF	WRI_INCEP_GAIN_DEF	Credit

Table A-5 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
MKT_VAL_PUR_OPT	PUR_INCEP_GAIN	Debit
PUR_OPT_INCOME	PUR_INCEP_GAIN	Credit
MKT_VAL_WRI_OPT	WRI_INCEP_GAIN	Debit
PUR_OPT_INCOME	WRI_INCEP_GAIN	Credit
PUR_IV_DEF	PUR_INCEP_IV	Debit
OPT_PREM_PAY	PUR_INCEP_IV	Credit
PUR_TV_DEF	PUR_INCEP_TV_DEF	Debit
OPT_PREM_PAY	PUR_INCEP_TV_DEF	Credit

Table A-6 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
EXP_ON_HEDGE	PUR_INCEP_TV	Debit
OPT_PREM_PAY	PUR_INCEP_TV	Credit

PRPT - Premium Payment

Table A-7 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
OPT_PREM_PAY	PUR_OPTION_PREM	Debit
CUSTOMER	PUR_OPTION_PREM	Credit
CUSTOMER	WRI_OPTION_PREM	Debit
OPT_PREM_REC	WRI_OPTION_PREM	Credit

REVL - Revaluation of Option

Table A-8 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
MKT_VAL_PUR_OPT	PUR_REVL_GAIN	Debit
RV_GAIN_PUR_OPT	PUR_REVL_GAIN	Credit
MKT_VAL_WRI_OPT	WRI_REVL_GAIN	Debit
RV_GAIN_WRI_OPT	WRI_REVL_GAIN	Credit
RV_GAIN_PUR_OPT	PUR_LAST_REVL_GAIN	Debit
MKT_VAL_PUR_OPT	PUR_LAST_REVL_GAIN	Credit
RV_GAIN_WRI_OPT	WRI_LAST_REVL_GAIN	Debit
MKT_VAL_WRI_OPT	WRI_LAST_REVL_GAIN	Credit
RV_LOSS_PUR_OPT	PUR_REVL_LOSS	Debit
MKT_VAL_PUR_OPT	PUR_REVL_LOSS	Credit
RVL_LOSS_WRI_OPT	WRI_REVL_LOSS	Debit
MKT_VAL_WRI_OPT	WRI_REVL_LOSS	Credit
MKT_VAL_PUR_OPT	PUR_LAST_REVL_LOSS	Debit
RV_LOSS_PUR_OPT	PUR_LAST_REVL_LOSS	Credit
MKT_VAL_WRI_OPT	WRI_LAST_REVL_LOSS	Debit
RV_LOSS_WRI_OPT	WRI_LAST_REVL_LOSS	Credit
EXP_ON_HEDGE	NET_AMORT_TV	Debit
PUR_TV_DEF	NET_AMORT_TV	Credit

AMRT - Amortization of Inception Gain/Loss

Table A-9 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
PUR_IN_GAIN_DEF	PUR_NET_INCEP_GAIN	Debit
PUR_IN_GAIN_OPT	PUR_NET_INCEP_GAIN	Credit
WRI_IN_GAIN_DEF	WRI_NET_INCEP_GAIN	Debit
WRI_IN_GAIN_OPT	WRI_NET_INCEP_GAIN	Credit

TERM - Contract Termination

Trigger Revaluation at current FV as specified while terminating Trade contracts.

Trigger AMRT for residual Amortization for Trade Contracts. For Hedge contracts trigger Revaluation to amortize the remaining time value.

Table A-10 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
CUSTOMER	PUR_TERM_FV	Debit
MKT_VAL_PUR_OPT	PUR_TERM_FV	Credit
MKT_VAL_WRI_OPT	WRI_TERM_FV	Debit
CUSTOMER	WRI_TERM_FV	Credit
CUSTOMER	PUR_TERM_GAIN	Debit
PUR_OPT_INCOME	PUR_TERM_GAIN	Credit
WRI_OPT_EXPENSE	WRI_TERM_LOSS	Debit
CUSTOMER	WRI_TERM_LOSS	Credit
PUR_OPT_EXPENSE	PUR_TERM_LOSS	Debit
CUSTOMER	PUR_TERM_LOSS	Credit
CUSTOMER	WRI_TERM_GAIN	Debit
WRI_OPT_INCOME	WRI_TERM_GAIN	Credit

Termination Loss = FV @ Termination - Termination Value

Termination Gain = Termination Value - FV @ Termination

Termination Loss = Termination Value - Termination FV

Termination Gain = Termination FV - Termination Value

Table A-11 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
RV_GAIN_PUR_OPT	PUR_REVL_GAIN	Debit
PUR_OPT_INCOME	PUR_REVL_GAIN	Credit
RV_GAIN_WRI_OPT	WRI_REVL_GAIN	Debit
WRI_OPT_INCOME	WRI_REVL_GAIN	Credit
PUR_OPT_EXPENSE	PUR_REVL_LOSS	Debit
RV_LOSS_PUR_OPT	PUR_REVL_LOSS	Credit
WRI_OPT_EXPENSE	WRI_REVL_LOSS	Debit
RV_LOSS_WRI_OPT	WRI_REVL_LOSS	Credit
PUR_IN_GAIN_OPT	PUR_INCEP_GAIN	Debit
PUR_OPT_INCOME	PUR_INCEP_GAIN	Credit
WRI_IN_GAIN_OPT	WRI_INCEP_GAIN	Debit
WRI_IN_GAIN_OPT	WRI_INCEP_GAIN	Credit
PUR_OPT_EXPENSE	PUR_INCEP_LOSS	Debit
PUR_INCEP_LOSS	PUR_INCEP_LOSS	Credit
WRI_OPT_EXPENSE	WRI_INCEP_LOSS	Debit
WRI_INCEP_LOSS	WRI_INCEP_LOSS	Credit
CUSTOMER	PUR_INCEP_IV	Debit
PUR_IV_DEF	PUR_INCEP_IV	Credit
CUSTOMER	HED_TERM_GAIN_DEF	Debit
PUR_GAIN_DEF	HED_TERM_GAIN_DEF	Credit

Table A-12 Accounting Role - Amount Tag- If termination gain is not to be amortized then the following entries are passed for termination gain:

Accounting Role	Amount Tag	Dr./Cr.
CUSTOMER	HED_TERM_GAIN	Debit
PUR_OPT_INCOME	HED_TERM_GAIN	Credit
PUR_HED_EXPENSE	HED_TERM_LOSS	Debit
CUSTOMER	HED_TERM_LOSS	Credit
PUR_HED_EXPENSE	PUR_INCEP_TV	Debit
EXP_ON_HEDGE	PUR_INCEP_TV	Credit

EXER - Exercise of Options

Trigger Reval @ current FV (Which is same as Settlement Amount) for final Exercise.

Trigger AMRT for residual Amortization for Trade Contracts. Trigger AMRT for residual Amortization for final Exercise.

Table A-13 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
PUR_OPT_SET_REC	PUR_INTR_SETL_AMT	Debit
PUR_OPT_INCOME	PUR_INTR_SETL_AMT	Credit
WRI_OPT_EXPENSE	WRI_INTR_SETL_AMT	Debit
WRI_OPT_SET_PAY	WRI_INTR_SETL_AMT	Credit
PUR_OPT_SET_REC	PUR_SETL_AMT	Debit
MKT_VAL_PUR_OPT	PUR_SETL_AMT	Credit
MKT_VAL_WRI_OPT	WRI_SETL_AMT	Debit
WRI_OPT_SET_PAY	WRI_SETL_AMT	Credit

Second set of Entries are passed for Physically settled Swaptions.

For physical Currency options, Reval is triggered @ 0. No entries are passed on Exercise.

Table A-14 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
MKT_VAL_PUR_IRS	PUR_SWAP_AMT	Debit
MKT_VAL_PUR_OPT	PUR_SWAP_AMT	Credit
MKT_VAL_WRI_OPT	WRI_SWAP_AMT	Debit
MKT_VAL_WRI_IRS	WRI_SWAP_AMT	Credit

In Case of Collars, the following entries will be passed. Collars are not allowed for Hedge Contracts.

Table A-15 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
PUR_OPT_EXPENSE	PUR_INTR_FLR_AMT	Debit
PUR_OPT_SET_PAY	PUR_INTR_FLR_AMT	Credit
WRI_OPT_SET_REC	WRI_INTR_FLR_AMT	Debit
WRI_OPT_INCOME	WRI_INTR_FLR_AMT	Credit
PUR_OPT_SET_REC	PUR_INTR_CAP_AMT	Debit
PUR_OPT_INCOME	PUR_INTR_CAP_AMT	Credit
WRI_OPT_EXPENSE	WRI_INTR_CAP_AMT	Debit
WRI_OPT_SET_PAY	WRI_INTR_CAP_AMT	Credit

In the case of Purchased or Written Collar, if the Floor is in the money during final settlement, Revaluation has to be triggered @ 0 Fair Value. If the Cap is in the money, Revaluation has to be triggered @ final settlement amount (PUR_CAP_AMT or WRI_CAP_AMT) and the following entries would be passed.

Table A-16 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
PUR_OPT_EXPENSE	PUR_FLOOR_AMT	Debit
PUR_OPT_SET_PAY	PUR_FLOOR_AMT	Credit
WRI_OPT_SET_REC	WRI_FLOOR_AMT	Debit
WRI_OPT_INCOME	WRI_FLOOR_AMT	Credit

Table A-17 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
RV_GAIN_PUR_OPT	PUR_REVL_GAIN	Debit
PUR_OPT_INCOME	PUR_REVL_GAIN	Credit
RV_GAIN_WRI_OPT	WRI_REVL_GAIN	Debit
WRI_OPT_INCOME	WRI_REVL_GAIN	Credit
PUR_OPT_EXPENSE	PUR_REVL_LOSS	Debit
RV_LOSS_PUR_OPT	PUR_REVL_LOSS	Credit
WRI_OPT_EXPENSE	WRI_REVL_LOSS	Debit
RV_LOSS_WRI_OPT	WRI_REVL_LOSS	Credit
PUR_IN_GAIN_OPT	PUR_INCEP_GAIN	Debit
PUR_OPT_INCOME	PUR_INCEP_GAIN	Credit
WRI_IN_GAIN_OPT	WRI_INCEP_GAIN	Debit
WRI_IN_GAIN_OPT	WRI_INCEP_GAIN	Credit
PUR_OPT_EXPENSE	PUR_INCEP_LOSS	Debit
PUR_INCEP_LOSS	PUR_INCEP_LOSS	Credit
WRI_OPT_EXPENSE	WRI_INCEP_LOSS	Debit
WRI_INCEP_LOSS	WRI_INCEP_LOSS	Credit
PUR_OPT_SET_REC	PUR_INCEP_IV	Debit
PUR_IV_DEF	PUR_INCEP_IV	Credit

Gain on Exercise is not Deferred. It is taken directly to Income.

Table A-18 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
PUR_OPT_SET_REC	HED_EXER_GAIN	Debit
PUR_OPT_INCOME	HED_EXER_GAIN	Credit
PUR_HED_EXPENSE	HED_EXER_LOSS	Debit
PUR_OPT_SET_REC	HED_EXER_LOSS	Credit
MKT_VAL_PUR_IRS	PUR_INCEP_IV_SWAP	Debit
PUR_IV_DEF	PUR_INCEP_IV_SWAP	Credit

The following entries are to move the Inception TV to Final Expense A/c from the Revaluation Expense account.

Table A-19 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
PUR_HED_EXPENSE	PUR_INCEP_TV	Debit
EXP_ON_HEDGE	PUR_INCEP_TV	Credit

EXST - Exercise Settlement

Table A-20 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
CUSTOMER	PUR_SETL_AMT	Debit
PUR_OPT_SET_REC	PUR_SETL_AMT	Credit
WRI_OPT_SET_PAY	WRI_SETL_AMT	Debit
CUSTOMER	WRI_SETL_AMT	Credit

Following entries are passed for settlement of Payout in case of Floor being in the money.

Table A-21 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
PUR_OPT_SET_PAY	PUR_FLOOR_AMT	Debit
CUSTOMER	PUR_FLOOR_AMT	Credit
CUSTOMER	WRI_FLOOR_AMT	Debit
WRI_OPT_SET_REC	WRI_FLOOR_AMT	Credit

EXPR- Contract Expiry

No entries required for intermediate expiry. Only final Expiry has entries

Trigger Reval @ 0 as the value of the option would be 0 on expiry for Trade contracts

Trigger AMRT for residual Amortization of inception gain for Trade

Entries for moving all Reval Gain/Loss to Income/Expense and Inception Gain to Income.

Table A-22 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
RV_GAIN_PUR_OPT	PUR_REVL_GAIN	Debit
PUR_OPT_INCOME	PUR_REVL_GAIN	Credit
RV_GAIN_WRI_OPT	WRI_REVL_GAIN	Debit
WRI_OPT_INCOME	WRI_REVL_GAIN	Credit
PUR_OPT_EXPENSE	PUR_REVL_LOSS	Debit
RV_LOSS_PUR_OP	PUR_REVL_LOSS	Credit
WRI_OPT_EXPENSE	WRI_REVL_LOSS	Debit
RV_LOSS_WRI_OPT	PUR_INCEP_GAIN	Credit
PUR_IN_GAIN_OPT	PUR_INCEP_GAIN	Debit
PUR_OPT_INCOME	PUR_INCEP_GAIN	Credit
WRI_IN_GAIN_OPT	WRI_INCEP_GAIN	Debit
WRI_IN_GAIN_OPT	WRI_INCEP_GAIN	Credit
PUR_OPT_EXPENSE	PUR_INCEP_LOSS	Debit
PUR_INCEP_LOSS	PUR_INCEP_LOSS	Credit
WRI_OPT_EXPENSE	WRI_INCEP_LOSS	Debit
WRI_INCEP_LOSS	WRI_INCEP_LOSS	Credit

For Hedge deals Amortization of TV should have been completed before Final Expiry. Only Inception IV entries are passed.

Table A-23 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
PUR_HED_EXPENSE	PUR_INCEP_IV	Debit
PUR_IV_DEF	PUR_INCEP_IV	Credit

AMDG - Amortization of Deferred Gains-Hedge

This event is meant only for Hedge deals.

Table A-24 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
PUR_GAIN_DEF	NET_GAIN_DEF	Debit
PUR_OPT_INCOME	NET_GAIN_DEF	Credit

EXRV - External Contract Revaluation

Table A-25 Accounting Role - Amount tag

Accounting Role	Amount Tag	Debit/Credit
MKT_VAL_PUR_OPT	PUR_REVL_GAIN	Debit
V_GAIN_PUR_OPT	PUR_REVL_GAIN	Credit
RV_LOSS_PUR_OPT	PUR_REVL_LOSS	Debit
MKT_VAL_PUR_OPT	PUR_REVL_LOSS	Credit
RV_GAIN_PUR_OPT	PUR_LAST_REVL_GAIN	Debit
MKT_VAL_PUR_OPT	PUR_LAST_REVL_GAIN	Credit
MKT_VAL_PUR_OPT	PUR_REVL_GAIN	Debit
RV_GAIN_PUR_OPT	PUR_REVL_GAIN	Credit
MKT_VAL_WRI_OPT	WRI_REVL_GAIN	Debit
RV_GAIN_WRI_OPT	WRI_REVL_GAIN	Credit
RV_GAIN_PUR_OPT	PUR_LAST_REVL_GAIN	Debit
MKT_VAL_PUR_OPT	PUR_LAST_REVL_GAIN	Credit
RV_GAIN_WRI_OPT	WRI_LAST_REVL_GAIN	Debit
MKT_VAL_WRI_OPT	WRI_LAST_REVL_GAIN	Credit
RV_LOSS_PUR_OPT	PUR_REVL_LOSS	Debit
MKT_VAL_PUR_OPT	PUR_REVL_LOSS	Credit
RVL_LOSS_WRI_OPT	WRI_REVL_LOSS	Debit
MKT_VAL_WRI_OPT	WRI_REVL_LOSS	Credit
MKT_VAL_PUR_OPT	PUR_LAST_REVL_LOSS	Debit
RV_LOSS_PUR_OPT	PUR_LAST_REVL_LOSS	Credit
MKT_VAL_WRI_OPT	WRI_LAST_REVL_LOSS	Debit
RV_LOSS_WRI_OPT	WRI_LAST_REVL_LOSS	Credit

KNOT - Knock Out of Currency Option

These entries are meant for Trade and Hedge deals.

Table A-26 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
PUR_REBATE_REC	PUR_REBATE_AMT	Debit
PUR_OPT_INCOME	PUR_REBATE_AMT	Credit
WRI_OPT_EXPENSE	WRI_REBATE_AMT	Debit
PUR_REBATE_PAY	WRI_REBATE_AMT	Credit

Trigger Revaluation at 0 for Trade. For Hedge do residual amortization of Time Value.

Trigger AMRT for residual Amortization for Trade.

Entries for moving all Revaluation Gain/Loss to Income/Expense and Inception Gain to Income.

Table A-27 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
RV_GAIN_PUR_OPT	PUR_REVL_GAIN	Debit
PUR_OPT_INCOME	PUR_REVL_GAIN	Credit
RV_GAIN_WRI_OPT	WRI_REVL_GAIN	Debit
WRI_OPT_INCOME	WRI_REVL_GAIN	Credit
PUR_OPT_EXPENSE	PUR_REVL_LOSS	Debit
RV_LOSS_PUR_OPT	PUR_REVL_LOSS	Credit
WRI_OPT_EXPENSE	WRI_REVL_LOSS	Debit
RV_LOSS_WRI_OPT	WRI_REVL_LOSS	Credit
PUR_IN_GAIN_OPT	PUR_INCEP_GAIN	Debit
PUR_OPT_INCOME	PUR_INCEP_GAIN	Credit
WRI_IN_GAIN_OPT	WRI_INCEP_GAIN	Debit
WRI_IN_GAIN_OPT	WRI_INCEP_GAIN	Credit
PUR_OPT_EXPENSE	PUR_INCEP_LOSS	Debit
PUR_INCEP_LOSS	PUR_INCEP_LOSS	Credit
WRI_OPT_EXPENSE	WRI_INCEP_LOSS	Debit
WRI_INCEP_LOSS	WRI_INCEP_LOSS	Credit

For Hedge deals Amortization of TV should have been completed before Final Expiry. Only Inception IV entries are passed.

Table A-28 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
PUR_HED_EXPENSE	PUR_INCEP_IV	Debit
PUR_IV_DEF	PUR_INCEP_IV	Credit

The following entries are to move the Inception TV to Final Expense A/c from Revaluation Exp A/c.

Table A-29 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
PUR_HED_EXPENSE	PUR_INCEP_TV	Debit
EXP_ON_HEDGE	PUR_INCEP_TV	Credit

KNST - Knock Out Settlement

Table A-30 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
CUSTOMER	PUR_REBATE_AMT	Debit
PUR_REBATE_REC	PUR_REBATE_AMT	Credit
PUR_REBATE_PAY	WRI_REBATE_AMT	Debit
CUSTOMER	WRI_REBATE_AMT	Credit

KNIN - Knock In of Currency Option

No entries are passed for this event.

If an option is not Knocked in during the Barrier Window, entries for rebate will be passed on KIST at Expiry.

KIST - Knock In Settlement

Table A-31 Accounting Role - Amount Tag

Accounting Role	Amount Tag	Dr./Cr.
CUSTOMER	PUR_REBATE_AMT	Debit
PUR_OPT_INCOME	PUR_REBATE_AMT	Credit
WRI_OPT_EXPENSE	WRI_REBATE_AMT	Debit
CUSTOMER	WRI_REBATE_AMT	Credit

SGEN - Settlement Message Generation

No entries are passed for this event.

Only Payment Message can be maintained for this event.

Delta Accounting

Given below is an event-wise list of accounting entries for Purchase/Written – Call/Put options. For an example on Written and Call physical Currency option refer to Example III in Annexure B.

Table A-32 Accounting Role - Amount Tag

Written/Purchase	Call/Put	Accounting Role	Amount Tag	Dr./Cr.	CCY
Written	Call	CON_WRI_CALL	WRI_CALL_AMT	Debit	Counter CCY and Amount
Written	Call	CON_WRI_CAL_OFF	WRI_ CALL_AMT_EQ	Credit	Contract CCY and Amount
Written	Put	CON_WRI_PUT	WRI_PUT_AMT	Debit	Contract CCY and Amount
Written	Put	CON_WRI_PUT_OFF	WRI_PUT_AMT_EQ	Credit	Contract CCY and Amount
Purchase	Call	CON_PUR_CALL	PUR_CALL_AMT	Debit	Counter CCY and Amount
Purchase	Put	CON_PUR_CAL_OFF	PUR_CALL_AMT_EQ	Credit	Contract CCY and Amount
Purchase	Put	CON_PUR_PUT	PUR_PUT_AMT	Debit	Counter CCY and Amount
Purchase	Put	CON_PUR_PUT_OFF	PUR_PUT_AMT_EQ	Credit	Contract CCY and Amount

Reversal of contingent Entries will be triggered for the following events - KNOT/TERM/EXPR/EXER and the following entries will be passed:

Table A-33 Accounting Role - Amount Tag

Written/Purchase	Call/Put	Accounting Role	Amount Tag	Dr./Cr.	CCY
Written	Call	CON_WRI_CALL	WRI_CALL_AMT	Debit	Counter CCY and Amount
Written	Call	CON_WRI_CAL_OFF	WRI_CALL_AMT_EQ	Credit	Contract CCY and Amount
Written	Put	CON_WRI_PUT	WRI_PUT_AMT	Debit	Contract CCY and Amount
Written	Put	CON_WRI_PUT_OFF	WRI_PUT_AMT_EQ	Credit	Counter CCY and Amount
Purchase	Call	CON_PUR_CALL	PUR_CALL_AMT	Debit	Contract CCY and Amount
Purchase	Call	CON_PUR_CAL_OFF	PUR_CALL_AMT_EQ	Credit	Counter CCY and Amount
Purchase	Put	CON_PUR_PUT	PUR_PUT_AMT	Debit	Counter CCY and Amount
Purchase	Put	CON_PUR_PUT_OFF	PUR_PUT_AMT_EQ	Credit	Contract CCY and Amount

DLTA – Delta Accounting

New delta entries will be passed and previous day's entries will be reversed

On KNOT/TERM/EXER/TERM events, the delta entries will be reversed and only the accounting entries with tags PREV_DELTA_AMT AND PREV_ANTI_DELTA_AMT will be passed.

Table A-34 Accounting Role - Amount Tag

Written/Purchase	Call/Put	Accounting Role	Amount Tag	Dr./Cr.	CCY
Written	Call	CON_DELTA_AC	DELTA_AMT	Debit	Counter CCY and Amount
Written	NA	CON_DELTA_OFF	DELTA_AMT	Credit	Counter CCY and Amount
NA	NA	CON_ANT_DEL_AC	ANTI_DELTA_AMT	Credit	Contract CCY and Amount
NA	NA	CON_ANT_DEL_OFF	ANTI_DELTA_AMT	Debit	Contract CCY and Amount
NA	NA	CON_DELTA_AC	PREV_DELTA_AMT	Credit	Counter CCY and Amount
NA	NA	CON_DELTA_OFF	PREV_DELTA_AMT	Debit	Counter CCY and Amount
NA	NA	CON_ANT_DEL_AC	PREV_ANTI_DELTA_AMT	Debit	Contract CCY and Amount
NA	NA	CON_ANT_DEL_OFF	PREV_ANTI_DELTA_AMT	Credit	Contract CCY and Amount
Written	Put	CON_DELTA_AC	DELTA_AMT	Debit	Contract CCY and Amount
NA	NA	CON_DELTA_OFF	DELTA_AMT	Credit	Contract CCY and Amount
NA	NA	CON_ANT_DEL_AC	ANTI_DELTA_AMT	Credit	Counter CCY and Amount
NA	NA	CON_ANT_DEL_OFF	ANTI_DELTA_AMT	Debit	Counter CCY and Amount
NA	NA	CON_DELTA_AC	PREV_DELTA_AMT	Credit	Contract CCY and Amount
NA	NA	CON_DELTA_OFF	PREV_DELTA_AMT	Debit	Contract CCY and Amount
NA	NA	CON_ANT_DEL_AC	PREV_ANTI_DELTA_AMT	Debit	Counter CCY and Amount
NA	NA	CON_ANT_DEL_OFF	PREV_ANTI_DELTA_AMT	Credit	Counter CCY and Amount
Purchase	Call	CON_DELTA_AC	DELTA_AMT	Debit	Contract CCY and Amount
NA	NA	CON_DELTA_OFF	DELTA_AMT	Credit	Contract CCY and Amount
NA	NA	CON_ANT_DEL_AC	ANTI_DELTA_AMT	Credit	Counter CCY and Amount
NA	NA	CON_ANT_DEL_OFF	ANTI_DELTA_AMT	Debit	Counter CCY and Amount
NA	NA	CON_DELTA_AC	PREV_DELTA_AMT	Credit	Contract CCY and Amount
NA	NA	CON_DELTA_OFF	PREV_DELTA_AMT	Debit	Contract CCY and Amount
NA	NA	CON_ANT_DEL_AC	PREV_ANTI_DELTA_AMT	Debit	Counter CCY and Amount
NA	NA	CON_ANT_DEL_OFF	PREV_ANTI_DELTA_AMT	Credit	Counter CCY and Amount
Purchase	Put	CON_DELTA_AC	DELTA_AMT	Debit	Counter CCY and Amount
NA	NA	CON_DELTA_OFF	DELTA_AMT	Credit	Counter CCY and Amount
NA	NA	CON_ANT_DEL_AC	ANTI_DELTA_AMT	Credit	Contract CCY and Amount
NA	NA	CON_ANT_DEL_OFF	ANTI_DELTA_AMT	Debit	Contract CCY and Amount
NA	NA	CON_DELTA_AC	PREV_DELTA_AMT	Credit	Counter CCY and Amount
NA	NA	CON_DELTA_OFF	PREV_DELTA_AMT	Debit	Counter CCY and Amount
NA	NA	CON_ANT_DEL_AC	PREV_ANTI_DELTA_AM	Debit	Contract CCY and Amount
NA	NA	CON_ANT_DEL_OFF	PREV_ANTI_DELTA_AMT	Credit	Contract CCY and Amount

For all the delta entries mentioned above the amount will be Contract CCY Amt/Counter CCY Amount *delta factor depending on the WRI/PUR and CALL/PUT combination.

PRAT Event - Premium Amortization

The following list contains details of accounting entries and amount tags passed for PRAT events triggered at the time of contract booking and time of contract termination.

Table A-35 Accounting Role and Amount Tag Entries for Contract Booking

Sell/Buy	Dr./Cr.	Accounting Role	Amount Tag	Amount.	CCY
Buy	Dr	PUR_CDS_EXPENSE	PUR_CDS_PREM_ACCR	Amortized premium expense	Premium CCY
NA	Cr	MKT_VAL_PUR_CDS	PUR_CDS_PREM_ACCR	NA	NA
Sell	Dr	MKT_VAL_WRI_CDS	WRI_CDS_PREM_ACCR	Amortized premium expense	Premium CCY
NA	CR	WRI_CDS_INCOME	WRI_CDS_PREM_ACCR	NA	NA

PRAC Event - Premium Amortization

The following list contains details of accounting entries passed for PRAT events triggered at the time of booking a deal and time of contract termination.

Table A-36 Accounting Role and Amount Tag Entries for Contract Booking

Sell/Buy	Dr./Cr.	Accounting Role	Amount Tag	Amount.	CCY
Buy	Dr	PUR_CDS_EXPENSE	PUR_CDS_PREM_PACR	Premium expense Accrued	Premium CCY
	Cr	MKT_VAL_PUR_CDS	PUR_CDS_PREM_PACR
Sell	Dr	MKT_VAL_WRI_CDS	WRI_CDS_PREM_PACR	Premium income Accrued	Premium CCY
	CR	WRI_CDS_INCOME	WRI_CDS_PREM_PACR