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.
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 |
Parent topic: Manual Netting