Debit/Credit Liquidation
Debit and credit liquidation is done based on the accounting code maintained in HKFPS Inbound Credit Transfer Preferences (PKDICTPF).
The following details are sent to accounting system in an xml format to External Accounting System as part of Debit/Credit liquidation:
| Details in Accounting hand-off | Debit Liquidation | Credit Liquidation |
|---|---|---|
| Accounting Event | DRLQ | CRLQ |
| Amount Tag | XFER_AMT | XFER_AMT |
| Transaction Account | Inward Clearing GL maintained in the Accounting code. If Nostro Account (Network Account) is maintained in (PKDICTPF) that is considered. | Payee Account |
| Offset Account | This is picked from the Debit Liquidation Accounting code maintenance | This is picked from the Credit Liquidation Accounting code maintenance |
| Transaction Currency | Transfer Currency | Credit Account Currency |
| Transaction Amount | Transfer Amount | Credit Amount |
| Transaction Date/ Value Date | Activation Date | Activation Date |
| Offset Currency | Transfer Currency | Transfer Currency |
| Offset Amount | Transfer Amount | Transfer Amount |
| Local Currency Amount | Local currency amount of DRLQ is used. |
If either transaction currency or offset currency is local currency, corresponding amount is handed off as local currency amount. If not, transfer amount is converted to local currency in mid-rate. |
Parent topic: Inbound Credit Transfer Processing