List of Definitions: Accounting
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1.BANK DETAILS
Type | Description | Example |
|---|---|---|
| Bank Details ID | Date on which trade was created | 16 |
| Company Name | Name of Company | Shell |
| Beneficiary Bank Name | Name of Beneficiary Bank (Receiving bank where a person or entity has an account) | |
| Swift Code | Identification code used to identify banks and financial institutions globally | |
| Beneficiary A/C Name | Account Name of Beneficiary Bank | |
| Beneficiary Bank A/C No. | Account Number of Beneficiary Bank | 1111 |
| Correspondent Bank | Intermediary/Agent, financial institution that provides services to another one | OCBC1 |
| Correspondent Bank Swift Code | Identification code used by the correspondent bank | 1 |
| Created By | User who creates the deal | Max |
| Created On | Date/Time when deal was created | 03-Feb-2019 |
| Last Updated By | User who last updated the deal | Lydia |
| Last Updated | Date/Time when deal was last updated | 17-Jun-2019 |
2. PAYMENT RECORDS** Page not updated on dev portal
Outstanding Payment Records/Settled Payment Records
Type | Description | Example |
|---|---|---|
| PR ID | Unique ID tagged to each payment record, auto-generated by system | 123 |
| PR Ref No. | Reference Number | 193 |
| PR Title | Title of invoice | Rubber Invoice Sale |
| Contract No. | Contract number of the payment record | ABC-P |
| Issue/Receipt | To issue/receive an invoice from your counterparties | ISSUE |
| PR Des | Description of the invoice | |
| PR Date | Date the invoice is issued | 01-Feb-2018 |
| Due Date | Date when payment is expected | 20-Feb-2019 |
| Self Entity | Company name (whom the invoice belongs to) | Shell |
| Bill To (From) | Counterparty to issue or to receive the invoice | Counterparty ABC |
| Bank A/C | Bank Account of the company (whom the invoice belongs to) | 1111 |
| PR Action | Provides more details on whether the payment is payable or receivable | Payable |
| Balanced Amount | Total invoice amount to be received/paid from/by counterparties. | 1,000.00 |
| Settled Amount | Total amount received/paid from/by counterparties. | 200.00 |
| Oustanding Amount | Total amount not received/paid from/by counterparties | 500.00 |
| CCY | Payment currency | USD |
| Created by | User who creates the deal | Max |
| Created on | Date/Time when deal was created | 03-Feb-2019 |
| Last Updated by | User who last updated the deal | Lydia |
| Last Updated | Date/Time when deal was last updated | 17-Jun-2019 |
3. BANK TRANSACTION
Unallocated Bank Transaction
| Type | Description | Example |
|---|---|---|
| Bank Transaction ID | Unique ID tagged to each unallocated bank transaction, auto-generated by system | 47 |
| Date | Date when amount from the transaction is paid/received | 27-Feb-2019 |
| Ref. No. | Reference Number | 4 |
| Type | Provides more details on whether the payment is paid/received | Paid |
| Actual Amount | Actual amount you received/paid | 1,000.00 |
| Other Costs | Any additional cost incurred from this transaction | 100.00 |
| Invoice Amount | Final amount that you received/paid and can now be allocated to your invoice
| 900.00 |
| Unallocated Amount | Remaining unallocated amount | 1,000.00 |
| Bank A/C | Bank account receiving the payment | 000328474 |
| Company Name | Company name (whom the contract belongs to) | Shell |
| BT CCY | Payment currency of bank transaction | USD |
| Remarks | Any additional comments | |
| Created by | User who creates the deal | Max |
| Created on | Date/Time when deal was created | 03-Feb-2019 |
| Last Updated by | User who last updated the deal | Lydia |
| Last Updated | Date/Time when deal was last updated | 17-Jun-2019 |
Allocated Bank Transaction
| Type | Description | Example |
|---|---|---|
| Allocate to | A drop-down list to select the invoice that you want to allocate your bank transaction into | - |
| Bank Transaction ID | Unique ID tagged to each allocated bank transaction, auto-generated by system | 48 |
| Bank Transaction Date | Date when amount from the transaction is paid/received | 03-Mar-2019 |
| Bank Transaction Ref No. | Reference Number | 234 |
| Type | Provides more details on whether the payment is paid/received | Received |
| Bank A/C | Bank Account of the company (whom the contract belongs to) | 000328474 |
| Company Name | Company name (whom the contract belongs to) | Dell |
| BT CCY | Currency of amount allocated to the invoice | SGD |
| BT Allocated Amount | Amount to allocate to the invoice | 1,0000.00 |
| Final Allocated Amount | Final amount allocated to the payment record | 1,0000.00 |
| EX Rate | Exchange rate | 0.74 |
| PR CCY | Payment currency | USD |
| Remarks | Any additional comments | |
| PR ID | Unique ID tagged to each payment record, auto-generated by system | 40 |
| PR No. | Reference Number | 123 |
| PR Title | Title of invoice | Rubber Invoice Sale |
| PR Des | Description of the invoice | |
| PR Date | Date the invoice is issued | 01-Feb-2018 |
| PR Net Amount | Total unsettled amount | 12,000.00 |
| Outstanding Balance | Outstanding balance of invoice that is unsettled | 2,000.00 |
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