1. India NEFT User Guide
  2. NEFT Outbound Payments
  3. NEFT Outbound Payments Processing
  4. NEFT Outbound Payment Validations
  5. Dispatch Accounting

Dispatch Accounting

Dispatch accounting is applicable for NEFT outbound payments. System triggers the DCLG event on the dispatch of N06 bundle (as defined in number of transactions per Dispatch). For all the transactions in the bundle, a single entry is posted with the sum of total amount and the no of transactions.
Dr / Cr Account Value Date TXN_CCY
Dr Clearing GL Debit Value Date Account Currency
Cr Network/Nostro Account Credit Value Date Transfer ccy

Parent topic: NEFT Outbound Payment Validations