Accounting netted

Created by Erik Åkerlund, Modified on Wed, 07 Feb 2024 at 04:11 PM by Teuvo Suoraniemi

In Treasury systems all details in a deal are possible to see by drilling down to each transactions of the deal. 

All accounting is netted for each Deal with same 

  • Payment date
  • Legal entity 
  • Counterparty
  • Account (from chart of account)
  • Original Currency
  • Dimensions (e.g. Cost center, Profit center) 
  • Accounting Rule

No extra set up in accounting rules or in settings are needed for for the system to create the netted accounting. 

See examples below

Risk free O/N compounding interest

A loan with O/N interest fixing can have 31 interest transaction for one month payment period. The accounting will summarise all 31 interest transactions and create one accounting. 

Interest rate swap

Below is an example of the accounting on a Interest rate swap where no netted accounting has been done. Each transaction has a accounting (CCIRS - one per currency)

Below is an example of the accounting on a interest rate swap with netted accounting (IRS). 

Netted accounting


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