1. China National Advanced Payment System (CNAPS) User Guide
  2. CNAPS Credit
  3. CNAPS Credit Inbound Payments Processing
  4. CNAPS Inbound Payment Validations
  5. Debit Accounting

Debit Accounting

Accounting code maintained for Debit Liquidation in CNAPS Network Preferences (Function ID: PHDNWPRF) for inbound transactions is fetched for posting debit accounting entries. The accounting entries are posted for the Transfer Amount of the transaction with value date as transaction value date received:
Event Dr/ Cr Account Account Type Amount Tag
DRLQ Dr Network Clearing GL GL Transfer Amount
DRLQ Cr Intermediary GL GL Transfer Amount

Note:

There is no upfront posting of DRLQ if payment method is O-BEPS Real-time.

Parent topic: CNAPS Inbound Payment Validations