1
Download Securities User Manual
Transcript
32.4.3.27 RRVL: Reversal of Position and Deal level Revaluation These entries can be set up for any kind of portfolio costing method and they apply to both deal and position level revaluation. Accounting Role and Description Amount Tag and Description Debit/ Credit MTMINCOME MTM_INC Debit SECURITYASSET MTM_INC Credit These are the entries passed during reversal of revaluation at BOD on the next working day. If the next working day happens to be the first working day of the new financial year the entries passed are: Accounting Role and Description Amount Tag and Description Debit/ Credit Prev year adj GL –1 MTM_INC_PY Debit SECURITYASSET MTM_INC_PY Credit Where Prev year adj GL –1 is the previous year adjustment GL maintained in the Chart of Accounts for the GL head MTM_INC. 32.4.3.28 YACR: Yield Accruals for all deals Accounting Entries Accounting Role Amount Tag Dr./Cr. Indicator SEC PREM EARNED SEC_PREM_ACCR Debit SEC PREM TBACRD SEC_PREM_ACCR Credit SEC INT ADJ REC SEC_INTADJ_ACCR Debit SEC INT ADJ INC SEC_INTADJ_ACCR Credit SEC DISC TBACRD SEC_DISC_ACCR Debit SEC DISC EARNED SEC_DISC_ACCR Credit Advices No advices allowed for this event. 32.4.4 SS deal with a Customer Buy/Sell type of product The preferences set for this product are as follows: Standard rate type is used for this product Brokerage not allowed Mode of money settlement is automatic Extension allowed Forward deals allowed for this product 32-36
