3.5 Inter Branch Accounting
This topic provides information on how the operational ledger processes inter-branch accounting.
The Operational Ledger processes inter-branch entries according to the bank level preferences. If bank parameters are configured to create inter branch entries, the system determines the inter branch accounting setup and generates additional pairs of entries.
- If you set the toggle
, the system will generate Inter Branch entries in the General Ledgers according to the Inter Branch Parameters for the respective branches involved in the transactions.
- If you set the toggle
, the system will postpone posting Inter Branch entries during transactions. Instead, it will consolidate and post these entries during the Enterprise GL Handoff.
Table 3-5 Inter Branch Parameters
| Inter Branch Maintenance | Branch 1 | Branch 2 |
|---|---|---|
| Due To Branch 2 | 262000046 | - |
| Due From Branch 2 | 161400046 | - |
| Due To Branch 1 | - | 262000045 |
| Due From Branch 1 | - | 161400045 |
Example 1:
Consider the following entries passed by the product processors:
| Cr/Dr | Account Branch | Account | Currency | Transaction Branch | VALUE_DATE | Amount |
|---|---|---|---|---|---|---|
| Cr | A01 | 261300004 | USD | B01 | 01-05-2024 | 29021.4 |
Oracle Banking operational ledger resolves the inter branch maintenance and passes extra pairs of entries to balance the books at each branch.
| Cr/Dr | Account Branch | Account | Currency | Transaction Branch | VALUE_DATE | Amount |
|---|---|---|---|---|---|---|
| Cr | B01 | 262000045 | USD | B01 | 01-05-2024 | 29021.4 |
| Dr | A01 | 161400046 | USD | B01 | 01-05-2024 | 29021.4 |
Example 2:
Consider the following entries passed by the product processors:
| Cr/Dr | Account Branch | Account | Currency | Transaction Branch | VALUE_DATE | Amount |
|---|---|---|---|---|---|---|
| Dr | A01 | 261300004 | USD | B01 | 01-05-2024 | 29021.4 |
Oracle Banking operational ledger resolves the inter branch maintenance and passes extra pairs of entries to balance the books at each branch.
| Cr/Dr | Account Branch | Account | Currency | Transaction Branch | VALUE_DATE | Amount |
|---|---|---|---|---|---|---|
| Dr | B01 | 262000046 | USD | B01 | 01-05-2024 | 29021.4 |
| Cr | A01 | 161400045 | USD | B01 | 01-05-2024 | 29021.4 |
Example 3:
Consider the following entries passed by the product processors:
| Cr/Dr | Account Branch | Account | Currency | Transaction Branch | VALUE_DATE | Amount |
|---|---|---|---|---|---|---|
| Cr | B01 | 261300004 | USD | A01 | 01-05-2024 | 29021.4 |
Oracle Banking operational ledger resolves the inter branch maintenance and passes extra pairs of entries to balance the books at each branch.
| Cr/Dr | Account Branch | Account | Currency | Transaction Branch | VALUE_DATE | Amount |
|---|---|---|---|---|---|---|
| Dr | B01 | 262000046 | USD | A01 | 01-05-2024 | 29021.4 |
| Cr | A01 | 161400045 | USD | A01 | 01-05-2024 | 29021.4 |
Example 4:
Consider the following entries passed by the product processors:
| Cr/Dr | Account Branch | Account | Currency | Transaction Branch | VALUE_DATE | Amount |
|---|---|---|---|---|---|---|
| Dr | B01 | 261300004 | USD | A01 | 01-05-2024 | 29021.4 |
Oracle Banking operational ledger resolves the inter branch maintenance and passes extra pairs of entries to balance the books at each branch.
| Cr/Dr | Account Branch | Account | Currency | Transaction Branch | VALUE_DATE | Amount |
|---|---|---|---|---|---|---|
| Cr | B01 | 262000045 | USD | A01 | 01-05-2024 | 29021.4 |
| Dr | A01 | 161400046 | USD | A01 | 01-05-2024 | 29021.4 |
This topic contains the following sub-topic:
- Inter Branch Entry Retry
This topic provides the systematic instructions to view all failed inter-branch entries and initiate a retry.
Parent topic: Operational Ledger Processing