11.2.4.5 Outgoing Acceptance (Documentary)
Table 11-127 Stage
| Stage | Clean / Doc | Sight/Usance | Bill Under LC |
|---|---|---|---|
| FIN | DOC | Usance only | Optional |
Table 11-128 Accounting Entries
| GL Type | A/C Type | Dr/Cr | Account Description | CCY | Amount |
|---|---|---|---|---|---|
| Real | Income | Cr | Charges earned | LCY | Equivalent charge amount in LCY |
| Real | Customer /Account Receivable | Dr | Customer/Charges Receivable | CCY | Equivalent amount of charges in the charge currency if it is a Account Receivable else equivalent amount of charges in Customer Account Currency |
| Real/Cont. Asset | GL | Cr | Bills CLFA Account | CCY | Bill amount in the contract currency. |
| Real/Cont. Asset | GL | Dr | CLFA Offset Account | CCY | Bill amount in the contract currency. |
Table 11-129 Advices
| Advice Type | Advice Description |
|---|---|
| PAYMENT_ADVICE | Payment Advice |
Parent topic: CLOS - Contract Closure