List of Definitions: Accounting

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 If the 'TYPE' is "RECEIVED", 'ACTUAL AMOUNT' + 'OTHER COSTS' = 'INVOICE AMOUNT' If the 'TYPE' is "PAID", 'ACTUAL AMOUNT' - 'OTHER COSTS' = 'INVOICE AMOUNT'	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

MAF Cloud: User Guide