1. Islamic Bills and Collections User Guide
  2. Suggested Accounting Entries and Advices for Islamic Bills
  3. CLOS - Contract Closure
  4. Incoming Acceptance (Final)

11.2.4.3 Incoming Acceptance (Final)

Table 11-123 Stage

Stage Clean / Doc Sight/Usance Bill Under LC
FIN DOC Usance only Optional

Table 11-124 Accounting Entries

GL Type A/C Type Dr/Cr Account Description CCY Amount
Real / Contingent GL Cr CLFA Account CCY Bill amount in the contract currency.
Real / Contingent GL Dr CLFA Offset Account CCY Bill amount in the contract currency.

Advices

None

Parent topic: CLOS - Contract Closure