8.2 Accounting Roles and Heads Class
This topic describes the accounting roles and heads class, advantages of building accounting roles, maintain an accounting roles and heads, and map roles to heads.
Every product maintained would impact specific accounting heads (GLs). These heads are unique to a product. For instance, if you have maintained ahead Medium-Term Bonds, only deals involving medium-term bonds would be reflected under the head. Similarly, you could maintain ahead for a specific portfolio. All accounting entries relating to the portfolio will be passed to the head maintained for the portfolio.
You can identify all the heads specific to a product and indicate their roles, individually, when you build a Class of Accounting Roles and Heads. A class, in this case, identifies the body of GLs unique to a product. A class of accounting heads can be associated with a product that you have maintained. All deals and portfolios involving the product will be reported under the heads that you specify.
This topic contains the following sub-topics: