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