6.4 Accounting Entries for Collateral Fees

This topic describes about the detailed information on accounting entries for collateral details.

Note:

Prerequisites:

The following setup is necessary for contingent accounting entries handoff.
    • Host code as branch's host code - FCUBS
    • Accounting and GL system code as Enterprise Limits and Collateral Management
    • External system code - FCUBS
    • External system class - FCUBS
    • Module - ACCHOFF - WSDL for FCUBSIF Service
  • Core gateway maintenance for FCUBSIF Service with OB Enterprise Limits and Collateral Management.
    • Enterprise Limits and Collateral Management
    • FCUBSIFService - Enterprise Limits and Collateral Management
    • Enterprise Limits and Collateral Management
    • Enterprise Limits and Collateral Management,IF
This section contains details of the suggested accounting entries that can be set up, for Enterprise Limits and Collateral Management Facility. The details of the suggested accounting entries are given event-wise.

Table 6-33 Event Code and Description

Event Code Description
FACR Fee Accrual (Collateral)
FLIQ Fee Liquidation(Collateral)

FACR:Fee Accrual(Collateral)

Table 6-34 Recurring fee (Arrears)

Accounting Role Accounting Role Dr/Cr. Indicator
COLAMTARR_AMTREC COLAMTARR_AMT_ACCR Dr
COLAMTARR_AMTINC COLAMTARR_AMT_ACCR Cr

Table 6-35 Event based fee (Advance)

Accounting Role Accounting Role Dr/Cr. Indicator
COLCR_AMTRIA (Create Event) COLCR_AMT_ACCR Dr
COLCR_AMTINC COLCR_AMT_ACCR Cr
COLSUS_AMTRIA (Suspend Event) COLSUS_AMT_ACCR Dr
COLSUS_AMTINC COLSUS_AMT_ACCR Cr
COLREA_AMTRIA (Reactivate event) COLREA_AMT_ACCR Dr
COLREA_AMTINC COLREA_AMT_ACCR Cr
COLEXP_AMTRIA (Expiry event) COLEXP_AMT_ACCR Dr
COLEXP_AMTINC COLEXP_AMT_ACCR Cr
COLEXT_AMTRIA (Extension event) COLEXT_AMT_ACCR Dr
COLEXT_AMTINC COLEXT_AMT_ACCR Cr

FLIQ:Fee Liquidation(Collateral)

Table 6-36 Recurring fee (Arrears)

Accounting Role Accounting Role Dr/Cr. Indicator
CUSTOMER COLAMTARR_AMT_LIQD Dr
COLAMTARR_AMTINC COLAMTARR_AMT_LIQD Cr

Table 6-37 Event based fee (Advance)

Accounting Role Accounting Role Dr/Cr. Indicator
CUSTOMER COLCR_AMT_LIQD Dr
COLCR_AMTINC COLCR_AMT_LIQD Cr
CUSTOMER COLSUS_AMT_LIQD Dr
COLSUS_AMTRIA (Suspend event) COLSUS_AMT_LIQD Cr
CUSTOMER COLREA_AMT_LIQD Dr
COLREA_AMTRIA (Reactivate event) COLREA_AMT_LIQD Cr
CUSTOMER COLEXT_AMT_LIQD Dr