Accounting in Outbound Transaction Processing refers to posting debit and credit entries for outbound payment transactions to ensure the bank’s ledgers remain accurate and comply with accounting standards.

The Debit Liquidation and Credit Liquidation accounting codes maintained in Generic Wires ISO Outbound Network Preference Maintenance (PSDOGWNP) for a given Host Code, Network Code, Transaction Type set as Outgoing, and Transfer Currency combination are used for posting the corresponding accounting entries.