All the entries with respect to mutual fund accounting are automated in the

current legacy system.

 Booking amount in the investment account

MF Investment A/c Dr --------------

Respective Bank A/c Cr

-------------

 Dividend reinvestment
MF Investment A/c Dr --------------

MF Dividend A/c Cr
-------------

 MF redemption along with dividend, gain / loss if any

Respective Bank A/c Dr --------------

MF Investments A/c Cr
-------------

Gain / Loss on redemption A/c Cr / Dr ------------

 Round off of difference, if any in redemption amount received in the bank

Respective Bank A/c Dr / Cr -------------

Round Off A/c Dr / Cr ------------

Fixed deposits with Banks:

 Deposit details are entered in the Borrowal deposit Master which are
Maintained commonly for borrowal and Investment
 Internal Number is generated for each Investment as Deal Number
 Advice is generated to the bank for such Investments.
 Based on the Bank advice necessary entries will be passed in the Financial
books.
 Accrued interest on the above deposits are passed through Journal in the
financial books
at Month end