A.3 Accounting Roles

In this section, we have provided two separate lists of sample accounting roles. The list I contain accounting roles that are set up for a Reverse Repo product. List II contains samples of accounting roles that apply to a Repo product.

List I – Acct Roles for a Reverse Repo Product

Accounting Roles

Accounting Role	Description	Role Type
BROKEXP	Brokerage Expense	Expense
BROKPAY	Brokerage Payable	Liability
BROKPIA	Brokerage payable in advance	Asset
ASSETGL	Asset GL for Placements	Asset
FWDASSETGL	GL for Future Dated Placements	Contingent Asset
FWDASSETOFF	Offset for Future Dated Placements	Contingent Liability
INTERINC	Interest Income	Income
INTERRIA	Interest Received in Advance	Liability
INTEREXP	Interest Expense	Expense
INTERREC	Interest Receivable	Asset
PENL1INC	Penal Interest Income	Income
PENL1REC	Penal Interest Receivable	Asset
CHARGINC	Charge Income	Income
ComponentUNRL	Unrealized Income	Income
ROLL_WASH	Bridge account to wash the original parent’s outstanding balances to the child contract	Asset
EIMDISCINC	Effective Int Based Disc Accrued Till Dt	-
EIMDISCRIA	Effective Int Discount to be Accrued	-
EIMINTADJINC	Effective Int Par Income	-
EIMINTADJREC	Effective Int Par Receivable	-
EIMPREMEXP	Effective Int Premium Expense	-
EIMPREMPIA	Effective Int Paid in Advance	-

List II – Acct Roles for a Repo Product

This is the list of Acct Roles for a Repo Product.

Acct Roles for a Repo Product

Accounting Roles

Accounting Role	Description	Role Type
LIABGL	Liability GL for Repo	Liability
FWDLIABGL	GL for Future Dated Repo	Contingent liability
FWDLIABOFF	Offset for Future Dated Repo	Contingent Asset
INTEREXP	Fixed Interest Rate	Expense
INTERPIA	Fixed Interest Rate	Asset
INTERPAY	Fixed Interest Payable	Liability
CHARGEXP	Common Flat Amt W/o Slab	Expense
TAXCOMP_PAY	Tax payable	Liability
TAXCOM_EXP	Tax Expense
TAXCOMPAD	Tax Paid
FRTAXS_PAY	Tax payable role for FRTAXS	Liability
Copy Eff int	accr from repo
Component REAL*	Realized Income	Income

The ‘component’ is the ICCB component that is created.

Note:

In the accounting roles listed above the prefixes INTER (Interest), PENL (Penalty), BROK (brokerage), CHARG (Charge) FRTAX1 (Tax) and FRTAXS are ICCB components.