Accounting
Accounting handoff is done post the above step.
- Additionally, charge/tax related entries are handed off along with debit liquidation details as per existing process.
- On payment reject, the reversal entries are posted. However, charges are not reversed as per existing process.
| Dr / Cr | Account | Value Date | TXN_CCY |
|---|---|---|---|
| Dr | Customer Account | Debit Value Date | Account Currency |
| Cr | Intermediary GL | Debit Value Date | Transfer Ccy |
| Dr | Intermediary GL | Credit Value Date | Transfer Ccy |
| Cr | Nostro Account | Credit Value Date | Transfer Ccy |
Parent topic: India RTGS Outbound Payment Validations