HOW TO TREAT / ACCOUNT AD HOC BOND FEES (Doc ID 2042499.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Treasury - Version 12.0.0 to 12.2.4 [Release 12 to 12.2]
Information in this document applies to any platform.

Goal

Issue:
While entering Bonds, we need to enter Bond fees that may not match with the bond rate due to business reasons. while entering the bond fees, the same is being calculated again based the rates set-up. This is causing an issue with bond fee accounting.

Bond fee calculation is an important not only for the cost of the funds but also on the accounting implications. For business reasons, we come across situations where we have to enter bond fees which may not be based on stored percentages and when we enter the actual amount and the same is being recalculated based on the stored rates. This results in imbalance on the accounting & cost of funds.

Treasury Super User - Set-up - Tax/Brokerage - Brokerage / schedule details ->
Define Rate, schedule code for bond fees. for Instance the rate is .5%

when entering bond deals, when we choose the reference and enter an ad hoc amount, the same is recalculated to the rate define. is it possible to over ride the recalculation of bond fees
 

Solution

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