5.3.1 Netting Consolidated sub system

This topic describes the Netting Consolidated subsystem.

Manual netting screen will have a Netting Consolidated subsystem. This subsystem will provide details of netting settlement for each currency and deal type.

Manual netting screen has a Netting Consolidated subsystem. This subsystem provides the details of netting settlement for each currency and deal type.

Figure 5-7 Netting Consolidate

Description of "Figure 5-7 Netting Consolidate"

The subsystem has the View Details Button. On Clicking, the button user is able to view the Consolidated Netting amount, Total number of contracts and other details as below

Table 5-9 Netting Consolidated sub system

Field	Description
Netting Reference number	System should generate a Unique netting reference number for each currency and deal type. This reference number will be updated in the FX contract online screen
Netting Amount	The Total amount on netting will display in this field. This is the final settlement amount on offsetting the receivables with the payables
Currency	The field will display the currency for which netting is done
Value date	This field will display Value date of the deal
Pay/Receive	The field will display either Pay or Receive the netted amount.
Settlement Account	The field will display the settlement account used for netting.
No of Contracts	The total number of contract netted would display in this field.
Netting Deal Type	The field will display the deal type for which netting is done