The output interface „GET loan/Debit/Credit Entries“ provides for each individual deal and related accounting transaction the appropriate set of entries. For each set of entry debit and credit bookings are provided, taking a standard chart of accounts into account.
Set of entries provided cover the full life cycle of a loan. Different accounting event types such as contractual maturity, payment, accrual and fair valuing ensure timely generation. For each accounting event type relevant accounting events are considered, appropriate set of entries identified and related debit/credit entries on a standard chart of accounts generated.
Please find below the following sections: