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BCDTRONL-LIQD- Incorrect Accounting Entries For LDIS In Case Of Multi-BDIS Events (Doc ID 2592851.1)

Last updated on JUNE 21, 2021

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.3 and later
Information in this document applies to any platform.


In BCDTRONL-for LIQD event- Incorrect accounting entries are posted for LDIS event in case of multi-BDIS events

1. Go to BCDTRONL and choose an Export Multitenor Bill under LC contract with multiple discount events not liquidated ; (our ex.In Multi Tenor: add Liquidation Amount (1) = <1,500.00> and (2) = <2,500.00>) ;charges deducted by the correspondents;
2. Press "Liquidate"
3. In Main"Tab: add in fields "Their Charge Currency" = EUR and "Their Charge Amount" = <100.00>;(ex. charges deducted by the correspondents);
4. Go to Multitenor tab and insert the liquidation amount for each bill.
5. Go to "Charges" and waive all.
6. Go to settlement and populated all details for:
AMT_PURCHASEDEQ DR - Nostro acc no.; COLL_LIQ_AMT DR -Nostro acc no; COLL_LIQ_AMTEQ CR = Customer acct no.;THEIR_CHG DR -Customer acct no and THEIR_CHG_EQUIV CR - Nostro acc no;
7. Press "Save"
8. Go and check "Accounting entries" for LIQD event :
Our sample is : Bill amount -EUR.4,000.00 BDIS(1)- EUR.<1,100.00> and BDIS(2)- EUR.<2,400.00>; Their Charges -<EUR.100>;
An currently system is booking as follows:
CR- Discounted GLwith <2,400> BDIS (2)
CR- BC CUSTOMER with <1,500> (4,000 less 2400 less 100)
Expected Result:
CR - Discounted GL with <3,500.00>, being <1,100> BDIS (1) and <2,400> BDIS (2)
CR - BC CUSTOMER with <400.00>, being <4,000.00> LIQD Amount less <1,100> BDIS (1) less <2,400> BDIS (2) less <100> "Their Charges" amount;

Accounting entries posted are incorrect.


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