Wiki Detay | wiki workcube

Case
A company that has accumulated $1,000,000 in free-use funds in its bank account seeks advice from an investment advisor to invest its money. The consultant makes an investment basket recommendation to the company official. According to this proposal, the company will;

It will buy 200,000 USD Google and Apple shares,
200,000 USD it will purchase 4% yield Eurobond bonds that give coupons every 6 months,
200,000 USD it will purchase 5-year maturity 5% yield Government bonds.
It will make Overnight Repo with 200,000 USD.
100,000 USD 1 year maturity. He will invest in a deposit with a 6% return.
He will invest in a Sukuk fund with a 3-month rental income of 100,000 USD.

As can be seen above, the illustration of the case will be understandable for both the developer and the users.

Transactions

Premise Transactions

Define the types of securities.
Check that the bank accounts where you will buy and sell securities have been opened.
Define the document numbers of the Securities Purchase, Sale, Rediscount, Return to Account transactions.
If an intermediary institution is used for securities purchase and sale, the accounting codes of the corporate member opened and the current account. check.
Create accounting chart of accounts definitions of securities.
Create budget items of securities and link accounting account codes.
Create accounting chart of accounts definitions of securities returns.
Create budget items of securities returns and link accounting account codes.
Create accounting chart of accounts definitions of securities value increases and decreases.
Create the budget items of securities value increases and decreases and link the accounting account codes.
If the brokerage firm commission is paid for the purchase and sale of securities, create the accounting chart of accounts of the commission.
If the brokerage firm commission is paid for the purchase and sale of securities, create the budget item and link the accounting account codes.
Create the securities purchase transaction category and transaction officer employees. select.
Create the securities sales transaction category and select the transaction authorized employees.
Create the securities return transaction category and select the transaction authorized employees.

Main Transactions

Buy a sukuk type security with a fixed quarterly rental income.
Path: ERP > Finance-Accounting > Securities > Buying Securities
Buy a government bond with a semi-annual coupon yield.
Buy stocks using a brokerage firm.
Collect the sukuk yield, which is a fixed rental yield quarterly.
Sell an overnight repo-liquid fund using a brokerage firm as securities.
Collect a return from a sukuk type security with a fixed rental income every three months.
Collect a return from a government bond with a coupon return every six months.
Update the values of your stocks in stock.
Path: ERP > Finance-Accounting > Securities
Discount the returns on fixed income securities in stock before maturity and create income accrual.
Path: ERP > Finance-Accounting > Securities > Securities Returns
Perform the increase and decrease in value of variable value securities in stock.
Path: ERP > Finance-Accounting > Securities > Securities DAD
Sell some of the government bonds in stock in the secondary market before maturity.
Path: ERP > Finance-Accounting > Securities > Securities Sales

Subsequent Transactions

Check the accounting records of securities purchase and sale transactions.
Check the budget records of securities purchase and sale transactions.
Check the bank records of securities purchase and sale transactions.
Check the accounting records for securities return collections.
Check the budget records for securities return collections.
Check the bank records for securities return collections.
If an intermediary institution is used in securities transactions, check the expense records of the commission amount.
Check the accounting records of securities value increase and decrease transactions.
Check the budget records of securities value increase and decrease transactions.
Check the dates and figures of securities returns in the cash flow statement.
Check that securities stocks are in active accounts in the cash flow statement.

Feedback

Did you find this content helpful?

Please Write Your Feedback!

Name*

Last Name*

Email *