10.2 Events
The following is an exhaustive list of events that can take place during the
life-cycle of a BC. In the subsequent paragraphs, we shall examine the accounting
entries and messages for the various events listed below:
Table 10-1 List of events
| Event Code | Event Description |
|---|---|
| BOOK | Booking of a BC Contract |
| INIT | Initiation of a BC Contract |
| TPFT | Principal Payment Fate Tracer |
| PFAT | Advice of Payment Fate |
| LIQD | Liquidation of a BC Contract |
| REVR | Reversal of BC Contract |
| REVE | Reversal of BC Event |
| CLOS | Closure of a BC Contract |
| AMND | Amendment of BC Contract |
| STCH | Bills & Collections Status Change |
| TRES | Release of Reserve Tracer |
| TDIS | Approval of Discrepancies Tracer |
| ADIS | Approval of Document Discrepancies |
| ACCR | Accrual of Interest Income |
| REIM | Reimbursement |
| BCOL | Booking Of Collection |
| AFAT | Advice of Acceptance Fate |
| TAFT | Acceptance Fate Tracer |
| REFA | Refusal Of Acceptance |
| BDIS | Booking of Discount |
| LDIS | Liquidation of Discount |
| TPAY | Principle payment Follow up Tracer |
| TACP | Bill/Draft Acceptance Tracer |
| REFA | Refusal Of Acceptance |
| BACI | Initial Acceptance of a Bill |
| BLNK | Bill Linkage To a Loan |
| BLRV | Release of Bill Linkage To a Loan |
| LCOL | Liquidation of Collection |
| BACP | Booking of Acceptance |
| BCAC | Booking a CoAcceptance bill |
| LCAC | Liquidating the CoAcceptance bill |
| FOPY | Event Code - Free of Payment |
Parent topic: Annexure B - Accounting Entries and Advices