1. Secondary Loan Trading
  2. Annexure – Accounting Entries
  3. Introduction
  4. Event-wise Accounting Entries
  5. FLIQ: Fee Liquidation

7.1.6.11 FLIQ: Fee Liquidation

Amendment Fee

Table 7-14 Amendment Fee

Accounting Role Amount Tag Dr/Cr Remarks
<component>PAY <component>_PAY D Amendment Fees for Sell
CUSTOMER <component>_PAY C -
- - - Always paid from seller to buyer
CUSTOMER <component>_REC D Amendment Fees for Buy
<component>REC <component>_REC C -
<component>PAY <component>_PADJ D Amendment Fees for Sell (delta increase)
CUSTOMER <component>_PADJ C -
<component>PAY <component>_PADJ C Amendment Fees for Sell (delta decrease)
CUSTOMER <component>_PADJ D -
- - - Always paid from seller to buyer
CUSTOMER <component>_RADJ D Amendment Fees for Buy (delta increase)
<component>REC <component>_RADJ C -
CUSTOMER <component>_RADJ C Amendment Fees for Buy (delta decrease)
<component>REC <component>_RADJ D -

Brokerage

Accounting Role Amount Tag Dr/Cr Remarks
<component>EXP(PAID) <component>_PAY D If brokerage applicable, its always paid by the bank entity to broker through Payable GLs
<component>PAY (Payable) <component>_PAY C -
<component>EXP(PAID) <component>_PADJ D In case of any increase in amount after the initial liquidation
<component>PAY (Payable) <component>_PADJ C -
<component>EXP(PAID) <component>_NADJ C In case of any decrease in amount after the initial liquidation
<component>PAY (Payable) <component>_NADJ D -

Parent topic: Event-wise Accounting Entries