Viewing a Contract's Accounting Entries

You can view all the accounting entries, accounting totals, and accruals and provisions recorded for a contract within the Accounting Entries tab of the contract. These records are automatically generated by the system, after performing transactions for an approved contract.

To view the records containing daily accrual and provisions, generated automatically by the system respecting the definition of the contract, product dimensions, system parameters and jobs, follow these steps:

  1. Navigate to the contract's Accounting Entries tab > Accruals and Provisions section.

  2. View the information displayed for each accrual and provision entry:

    • Classification - The classification of the accrual and provision entry. The classification is determined based on the records created in the Loan Classification menu. These records classify transactions based on the number of days since a repayment notification is overdue.

    • Contract - The number of the current contract.

    • Calculation Date - The date when the accrual and provision calculation was performed.

    • Daily Accrual Interest - The amount of interest accrued on that day.

    • Accumulated Interest Accrual - The total amount of interest accrued until that day.

    • Daily Interest Provision - The amount of interest provisioned on that day.

    • Accumulated Interest Provision - The total amount of interest provisioned until that day.

    • Daily Fee Accrual - The amount of fees and commissions accrued on that day.

    • Accumulated Fee Accrual - The total amount of fees and commissions accrued until that day.

    • Principal Provision - The amount of principal provisioned.

    • Previous Principal Provision - The previous amount of principal provisioned.

    • Process Days - The number of days processed.

To view an overview of the total amounts specified in accounting records generated by the Generate Accounting Entries service in the Core Banking END OF DAY (CB) daily job, follow these steps:

  1. Navigate to the contract's Accounting Entries tab > Accounting Totals on Contract section.

  2. View the information displayed for each total amount:

    • Account - The account where the operation was performed.

    • Total Debit - The amount which was debited from the account.

    • Total Credit - The amount which was credited to the account.

To view the accounting for the transactions related to the loan contract generated by the Generate Accounting Entries service in the Core Banking END OF DAY (CB) daily job, follow these steps:

  1. Navigate to the contract's Accounting Entries tab > Accounting Entries section.

  2. View the information displayed for each accounting entry:

    • Name - The id of the accounting entry.

    • Accounting Date - The date when the entry was generated.

    • Accounting Value - The value of the accounting entry.

    • Analytic Credit Account Code - The code of the analytic credit account.

    • Analytic Debit Account Code - The code of the analytic debit account.

    • Currency - The currency of the accounting entry.

    • Equivalent Value - The equivalent value of the accounting entry expressed in the contract's currency.

    • Exchange Rate - The exchange rate between the accounting entry currency and the contract currency.

    • Description - The description of the accounting operation.