Rear End Discounting charges borne by Vendor

Disbursement entry Doc type-EB

29 IDT0067 TATA AUTOCOMP GY BAT 8,500.00

50 Control GL JAYACHANDRAN ALLOYS 8,500.00
40 126500 Disc chgs recoverabl 69.86
50 164283 Unmatured Int Discou 69.86

40 Control GL JAYACHANDRAN ALLOYS 8,430.14

50 HDFC disbursement bank GL HDFC Disbursement Bank 8,430.14

Collection entry for Collection of Facto Doc type SA

40 114692 HDFC Collection Bank 8,500.00

39 IDT0067 TATA AUTOCOMP GY BAT 8,500.00

40 Control Gl JAYACHANDRAN ALLOYS 69.86

50 126500 Disc chgs recoverabl 69.86

40 114692 HDFC Collection Bank 69.86

39 JAYAALLOY1 JAYACHANDRAN ALLOYS 69.86

At month end discounting income booking

Based on the number of

days, utilised in the
current month this entry
40 164283 Unmatured Int Discou should get posted

Based on the number of

days, utilised in the
current month this entry
50 846602 Income Account should get posted

Rebate entry on prepayment

Proportionate amount to
be derived for the
40 846602 Inv Disc Income-SME unutilised period

Proportionate amount to
be derived for the
39 JAYAALLOY1 JAYACHANDRAN ALLOYS unutilised period

Refund of rebate amount

29 JAYAALLOY1 JAYACHANDRAN ALLOYS
50 114521 HDFC Bank-Disbursement

ODC accrual entry(Accounting entry to be posted on month end or delayed collection whichever is earlier)
29 JAYAALLOY1 JAYACHANDRAN ALLOYS 255.59
50 164287 Unmatured Penal Int 255.59

Collection of ODC Amount

40 114692 HDFC Collection bank
39 JAYAALLOY1 JAYACHANDRAN ALLOYS
40 164287 Unmatured penal int
50 ODC income GL-846001 ODC income acc
 Rear End Discounting charges borne by Corporate

5620066975 7 EB 29 IDT0067 TATA AUTOCOMP GY BAT

50 Control GL JAYACHANDRAN ALLOYS
40 126500 Disc chgs recoverabl
50 164283 Unmatured Int Discou

EB 40 Control GL JAYACHANDRAN ALLOYS

50 HDFC disbursement bank GL Hdfc Disbursement Bank

Collection entry for Collection o Doc type SA

3300562502 SA 40 114692 HDFC Collection Bank

7 39 IDT0067 TATA AUTOCOMP GY BAT

7 29 IDT0067 TATA AUTOCOMP GY BAT

40 126500 Disc chgs recoverabl

40 114692 HDFC Collection Bank

7 39 IDT0067 TATA AUTOCOMP GY BAT

At month end discounting income booking

DC 40 164283 Unmatured Int Discou

50 846602 Income Account

Rebate entry on prepayment

DC 40 846602 Inv Disc Income-SME

39 IDT0067 TATA AUTOCOMP GY BAT

Refund of rebate amount

 7 DC 29 IDT0067 TATA AUTOCOMP GY BAT
50 114521 HDFC Bank-Disbursement

n whichever is earlier) ODC accrual entry(Accounting entry to be posted on month end or delayed collecti
7 DC 29 IDT0067 TATA AUTOCOMP GY BAT
50 164287 Unmatured Penal Int

Collection of ODC Amount

SA 40 114692 HDFC Collection bank
39 IDT0067 TATA AUTOCOMP GY BAT
40 164287 Unmatured penal int
7 50 ODC income GL-846001 ODFC income acc
 8,500.00 5620066975 7 EB
8,500.00
69.86
69.86

8,500.00 EB
8,500.00

8,500.00 3300562502
8,500.00 7

69.86 7
69.86

69.86
69.86 7

Based on the
number of days,
utilised in the
current month this
entry should get
posted DC

Based on the
number of days,
utilised in the
current month this
entry should get
posted

Proportionate
amount to be
derived for the
unutilised period DC

Proportionate
amount to be
derived for the
unutilised period 7
 DC

on month end or delayed collection whicjever is earlier)

255.59 7 DC
255.59

SA
7
Disbursement entry Doc type-EB

29 IDT0158 TATA PROJECTS LIMITE 8,500.00

50 Control GL SPACE CHEM ENGINEERS 8,500.00
40 Control Gl SPACE CHEM ENGINEERS 69.86
50 126500 Disc chgs recoverabl 69.86
40 126500 Disc chgs recoverabl 69.86
50 164283 Unmatured Int Discou 69.86

40 Control GL-167162 SPACE CHEM ENGINEERS 8,430.14

50 HDFC disbursement bank GL-114521 HDFC Disbursement bank 8,430.14

Collection entry for Collection of Factoring Doc type SA

40 114692 HDFC Collection Bank 8,500.00

39 IDT0158 TATA PROJECTS LIMITE 8,500.00

At month end discounting income booking

Based on the number of

days, utilised in the current
month this entry should get
40 164283 Unmatured Int Discou posted

Based on the number of

days, utilised in the current
month this entry should get
50 846602 Income Account posted
 Rebate entry on prepayment

Proportionate amount to be
derived for the unutilised
40 846602 Inv Disc Income-SME period

Proportionate amount to be
derived for the unutilised
39 SPACECHE01 SPACE CHEM ENGINEERS period

Refund of rebate amount

29 SPACECHE01 SPACE CHEM ENGINEERS
50 HDFC disbursement bank GL HDFC Bank-Disbursement

ODC accrual entry(Accounting entry to be posted on month end or delayed collection whichever is earlier)
29 SPACECHE01 SPACE CHEM ENGINEERS 255.59
50 164287 Unmatured Penal Int 255.59

Collection of ODC Amount

40 114692 HDFC Collection bank
39 SPACECHE01 SPACE CHEM ENGINEERS
40 164287 Unmatured penal int
50 846001 ODC income acc
 Upfront Discounting charges borne by Corporate

5620066975 7 EB 29 IDT0158
50 Control GL
40 126500
50 164283

40 Control GL
50 HDFC disbursement bank GL
EB
29 IDT0158
40 126500

40 114692
39 IDT0158

Collection entry for Collection of Factoring Amou

3300562502 SA 40 114692
7 39 IDT0158

At month end discounting income booking

40 164283

50 846602
 Rebate entry on prepayment

DC 40 846602

7 39 IDT0158

Refund of rebate amount

SA 29 IDT0158
50 HDFC disbursement bank GL

n whichever is earlier) ODC accrual entry(Accounting entry to be posted on month end or delayed collec
7 29 IDT0158
50 164287

Collection of ODC Amount

SA 40 114692
7 39 IDT0158
40 164287
50 846001
nt Discounting charges borne by Corporate

TATA PROJECTS LIMITE 8,500.00 5620066975 7 EB

SPACE CHEM ENGINEERS 8,500.00
Disc chgs recoverabl 69.86
Unmatured Int Discou 69.86

SPACE CHEM ENGINEERS 8,500.00 EB

Hdfc Bank 8,500.00

TATA PROJECTS LIMITE 69.86 7 DC

Disc chgs recoverabl 69.86

HDFC Collection Bank 69.86 SA

TATA PROJECTS LIMITE 69.86 7

Doc type SA

HDFC Collection Bank 8,500.00 3300562502 SA

TATA PROJECTS LIMITE 8,500.00 7

Based on the number

of days, utilised in the
current month this
entry should get
Unmatured Int Discou posted

Based on the number

of days, utilised in the
current month this
entry should get
Income Account posted
 Proportionate
amount to be derived
for the unutilised
Inv Disc Income-SME period DC

Proportionate
amount to be derived
for the unutilised
TATA PROJECTS LIMITE period 7

TATA PROJECTS LIMITE SA

HDFC Bank-Disbursement

be posted on month end or delayed collection whicjever is earlier)

Tata Projects 255.59 7
Unmatured Penal Int 255.59

HDFC Collection bank SA

TATA PROJECTS LIMITE 7
Unmatured penal int
ODC income acc