21.1.1.1.1 Specify details for the buy and sell leg of a deal

In this section we will discuss the details that you should specify for the buy and sell legs of a deal. The preferences specified for the buy and sell products defined for the product combination will be made applicable to the respective legs of the deal. For each leg of the deal, you have been provided a toolbar using which you can capture details specific to the deal leg.

These icons together with the functions they invoke have been dealt with in the subsequent paragraphs.

Table 21-3 Fields

Fields	Description
Identifying each leg of a deal	Oracle Banking Treasury Management assigns a unique reference number to identify both the buy and sell legs of a deal. Besides helping to identify the leg of the deal, this number tag is used in all the accounting entries and transactions related to the leg that it represents. A three-digit branch code, a four-character product code, a five-digit Julian Date, and a four-digit serial number make up the deal leg Reference Number. The Julian Date has the following format:“YYDDD”Here, YY stands for the last two digits of the year and DDD for the number of day (s) that has/ have elapsed in the year. In case of entity length changes Contract Reference number format will be changed to Product/Process Code (4 char) + Julian Date (5 char) + Sequence Number (7 digits).
User Reference	You can enter a unique reference number for the sell and the buy legs of a deal. The leg will be identified by this number in addition to the ‘Leg Reference’ generated by the system. By default, the Leg Reference generated by the system will be taken as the User Reference.
Indicating the broker	If you are processing a bank buy or bank sell deal that involves brokerage, you can indicate the ID of the broker through whom the deal was brokered. You can select a Broker ID from the pick list available. The pickl ist will contain a list of valid brokers with whom you can enter deals. On indicating the broker code, the name of the broker is also displayed. You will be allowed to enter details of a broker only if brokerage was allowed for the product to which the deal is associated.
Indicating whether your liability to the deal should be tracked	indicate whether your liability to the deal should be tracked. If you indicate positively you can indicate the credit lines against which the buy and sell leg of the deal should be tracked. Click the WalkIn button from the relevant leg of the deal to specify the credit line against which the deal should be tracked. The screen that corresponds to this button is discussed under the head 'Specifying credit administration details'.