11.4 Event-wise Accounting Entries and Advices

This topic provides the details of 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 MM deal. Samples of accounting entries, advices, and events for four different types of MM deals are:

• MM Placement with True Discount Interest
• MM Borrowing with Fixed Discounted Interest
• MM Placement with Fixed Bearing Interest
• MM Borrowing with Fixed Bearing Interest

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

• MM Placement with True Discounted Interest
  
• MM Borrowing with Fixed Discounted Interest