Event-wise Accounting Entries and Advices
In the subsequent sections, we have defined suggested accounting entries and advices for each of the events in the life-cycle of an SR deal. Samples of accounting entries, advices, and events for four different types of SR deals are:
- SR Reverse Repo with True Discount Interest
- SR Repo with Fixed Discounted Interest
- SR Reverse Repo with Fixed Bearing Interest
- SR Repo with Fixed Bearing Interest
Also note that some of the Amount Tag’s linked to the Accounting Roles are user defined.