Reporting Components Accounting Entries

15.5.7 Reporting Components Accounting Entries

RAP is a type of Reporting Component which has same details as the main interest component. It is deducted upfront and in accrual it is credited, at the end of the contract it is 0. It is used to see the expected income from the contract's main interest. COSIF is applicable when the main interest is of working days/252 Day Basis. COSIF is used to view the actual/360 basis equivalent of the main interest component. It is accrued and liquidated similarly as the main interest component.

COSIF LIQD Event

Table 15-63 COSIF LIQD Event

Event	Accounting Role	Amount Tag	Dr/Cr
LIQD	CUSTOMER	PRINCIPAL_LIQD	Dr
-	ASSETGL	PRINCIPAL_LIQD	Cr
-	ICXEC1REC	ICXEC1_LIQD	Cr
-	CUSTOMER	ICXEC1_LIQD	Dr
-	RCXEC1REC	RCXEC1_LIQD	Cr
-	RCXEC1MIN	RCXEC1_LIQD	Dr
-	RCXEC1REC	RCXEC1_COSA	Cr
-	RCXEC1UIP	RCXEC1_COSA	Dr

Table 15-64 COSIF ACCR Event

Event	Accounting Role	Amount Tag	Dr/Cr
ACCR	ICXEC1INC	ICXEC1_LIQD	Cr
-	ICXEC1REC	ICXEC1_LIQD	Dr
-	RCXEC1INC	RCXEC1_LIQD	Cr
-	RCXEC1REC	RCXEC1_LIQD	Dr

Table 15-65 RAP DSBR Event

Event	Accounting Role	Amount Tag	Dr/Cr
DSBR	CUSTOMER	PRINCIPAL	Cr
-	RRXEC1REC	RCXEC1_COIN	Dr
-	ASSETGL	PRINCIPAL	Dr
-	RRXEC1AQR	RCXEC1_COIN	Cr

Table 15-66 RAP VAMI Event

Event	Accounting Role	Amount Tag	Dr/Cr
VAMI	RRXEC1REC	RCXEC1_COIN	Dr
-	CUSTOMER	PRINCIPAL_INCR	Cr
-	ASSETGL	PRINCIPAL_INCR	Dr
-	RRXEC1AQR	RCXEC1_COIN	Cr

Table 15-67 RAP ACCR Event

Event	Accounting Role	Amount Tag	Dr/Cr
ACCR	ICXEC1INC	ICXEC1_LIQD	Cr
-	ICXEC1REC	ICXEC1_LIQD	Dr
-	RRXEC1REC	RCXEC1_ACCR	Cr
-	RRXEC1AQR	RCXEC1_ACCR	Dr

Table 15-68 RAP RAPR Event

Event	Accounting Role	Amount Tag	Dr/Cr
RAPR	RRXEC1REC	RCXEC1_ACCR	Cr
-	RRXEC1AQR	RCXEC1_ACCR	Dr

Parent topic: Event-wise Accounting Entries and Advices