16.5.5 OL Residual Amount Liquidation
Section Title
The following accounting entries need to be added in LIQD event to support excess
payment. The two new accounting roles as RESD_INC_ACC and RESD_EXP_ACC are
provided.
Table 16-56 OL Residual Amount Liquidation
| Accounting Role | Amount Tag | Dr/Cr |
|---|---|---|
| Asset GL | PRINCIPAL_NRES | Dr |
| RESD_INC_ACC | PRINCIPAL_NRES | Cr |
| Component_REC | Component_NRES | Cr |
| RESD_INC_ACC | Component_NRES | Dr |
Note:
The total excess amount paid is adjusted to the PRINCIPAL_NRES amount tag.The below accounting entries are passed in case of lower residual amount.
Table 16-57 Lower Residual Amount
| Accounting Role | Amount Tag | Dr/Cr |
|---|---|---|
| Asset GL | PRINCIPAL_RESD | Cr |
| RESD_EXP_ACC | PRINCIPAL_RESD | Dr |
| Component_REC | Component_RESD | Cr |
| RESD_EXP_ACC | Component_RESD | Dr |
Note:
The adjustment amount is handled at component-wise based on liquidation order in Auto liquidation and by given value in Manual Payment screen.Parent topic: Event-wise Accounting Entries and Advices