Return Accounting
The following accounting is passed to reverse the accounting entries
passed to Creditor Account as a result of Inbound FI to FI Customer Credit Transfer (pacs.008)
and FI to FI Credit Transfer (pacs.009) transactions. The Credit / Debit liquidation entries
passed in the original transactions are fetched and credit/debit legs are interchanged to pass
the return Credit / Debit accounting entries.
| Event | Dr/Cr | Account | Account Type | Account Tag |
|---|---|---|---|---|
| SSDR | Dr | Network Account | Account | Return Settlement Amount in account currency |
| SSDR | Cr | Intermediary GL | GL | Return Settlement Amount |
| SSCR | Dr | Intermediary GL | GL | Return Settlement Amount |
| SSCR | Cr | Customer Account | Account | Return Settlement Amount |
Note:
No pricing is considered for Return transaction processing.In the Accounting handoff MIS details are populated same as the original transaction MIS details.
Parent topic: Inbound Return Processing