15.4.6 CLOS: Closure of an Islamic LC / Guarantee
Liability
Table 15-26 Accounting Entries
| Role | Amount Tag | Debit / Credit |
|---|---|---|
| IL_OCU | LIAB_OS_AMT | Cr |
| IL_OCU_OFFSET | LIAB_OS_AMT | Dr |
| IL_OCU | ADV_LIAB_OS_AMT | Cr |
| IL_OCU_OFFSET | ADV_LIAB_OS_AMT | Dr |
| IL_CNF | CNF_LIAB_OS_AMT | Cr |
| IL_CNF_OFFSET | CNF_LIAB_OS_AMT | Dr |
Table 15-27 Accounting Entries(with Split Details)
| Role | Amount Tag | Dr/Cr |
|---|---|---|
| COLL_CUST_ACC | COLLAMT_OS_S01 | Cr |
| COLL_CUST_ACC | COLLAMT_OS_S02 | Cr |
| LC_COLL_ACCT | COLLAMT_OSEQ | Dr |
Collateral
Booking (From Customer Account)
Table 15-28 Accounting Entries
| Role | Amount Tag | Debit / Credit |
|---|---|---|
| COLL_CUST_ACC | COLLAMT_OS | Cr |
| LC_COLL_ACCT | COLLAMT_OSEQ | Dr |
| LCCOLL_INT_ACCT | COLLAMT_OS | Dr |
| COL_DEPOSIT_ACC | COLLAMT_OSEQ | Cr |
Booking (From Customer and OBP account)
Table 15-29 Accounting Entries
| Role | Amount Tag | Dr/Cr |
|---|---|---|
| LCCOLL_INT_ACCT | COLLAMT_OS | Dr |
| COLL_CUST_ACC | COLLAMT_OSEQ | Cr |
| LCCOLL_INT_ACCT | COLLAMT_OS_OBP | Dr |
| COLL_OBP_ACC | COLLAMT_OSEQ_OBP | Cr |
Parent topic: Event-Accounting Entries