Record Investment Details for Request

This activity allows you to record the details of the instruments for the request. The system updates the Instrument Details such as Maturity date, Maturity amount, Interest Rate, Interest Periodicity.

Select the “Record Investment Details for Request” link in the “Record Request Based Fixed return Investment” activity under the “Investment Transactions” business component.

The “Record Investment Details for Request” page appears.

Request No.

The number identifying the request that you want to retrieve (Alphanumeric, 16).

Help facility available.

The system displays the following information in the “Request Information” group box.

Request Date	The date in which the request has been created.
Instrument Type	The instrument type for which the request has been created.
Instrument Amount	The value of the instrument.
Instrument Currency	The currency of the instrument
Exchange Rate	The exchange rate between the instrument currency and the base currency
Finance Book	The finance book in which the request for investment has been created.
Party Code	The code identifying the party code for which the request has been created.
Party Name	The name of the party.
Tenure	The tenure of the investment saved in the request.
Bank Code	The bank code from which the payment is made.
Bank Description	The description of the bank code.
Payment Method	The method of payment.
Pay Mode	The mode in which the payment is made to the payee.
Pay Currency	The currency code in which the payment is made for the investments.
Exchange Rate	The exchange rate between the pay currency and the base currency.
Pay Date	The date on which the payment has been made for investment.
Account Code	The investment account code to which the account postings related to the investment happens.
Account Description	The description of the account code.
Payment Point	The organization unit in which the payment has been made.
Payment Voucher No.	The auto generated payment voucher number for the instrument amount. Data hyperlink available.
Utilized Amount	The Utilized Amount balance against the request would get displayed here.
Balance Amount	The balance amount against the request would get displayed here.

Enter the following details in the “Instrument Information” multiline:

Ref. ID No.

The reference ID of the instrument. (Alphanumeric, 70). Mandatory when Manual is selected in the Numbering Type. When Automatic is selected, then this number is generated by the system on clicking the “Record” button.

Note: Ref. ID is created as follows:

Prefix – ITR / Based on Instrument Type/

Suffix

Case 1 – Financial year is from 01 April of a year to 31 March of the next year. Example: For the financial year 2008-2009, suffix is 08-09.

Case 2 – Financial year is from 01 January of a year to 31 December of that year. Example: For the financial year 2008, suffix is 08.

Running Serial No – It runs a serial number starting from 1 to 9999. This number is reset to 1 at change of every financial year.

For Instrument type fixed Deposits, Ref. ID like ITR\F\0001\2008-09, ITR\F\0002\2008-09…..and finally ITR\F\9999\2008-09

For Instrument Type Mutual Fund Ref. ID like ITR\M\0001\08-09, ITR\M\0002\08-09…..and finally ITR\M\9999\08-09

Note: To decide to which financial year, the Ref. ID belongs to, consider the Ref. ID Date (If entered). If the entered Ref. ID Date belongs to a previous financial year, Ref. ID number to be generated by incrementing the running serial no for the applicable financial year. It is not based on the system date.

Example: An instance where financial years are defined as 01 Apr 2008 - 31 Mar 2009 and 01 Apr 2009 to 31 Mar 2010, with system date as 21 July 2009, If you are entering Instrument details for a Instrument created on 21 mar 2009 and Ref. ID date as 21 Mar 2009, Ref. ID to use running serial number for the financial year 2008 - 2009. However, in this case, if Ref. ID Date has not been entered (application defaults system date as the current date), application generates Ref. ID using the current financial year 2009 -2010, even though Instrument date belongs to Mar 2009.

Ref ID Date	The date on which the reference ID has been created.
Instrument No.	The unique number of the instrument.
Instrument Date	The date on which the instrument has been issued by the party.
Investment Amount	The value of the instrument at the time of investment
Maturity Date	The date on which the instrument can be realized
Maturity Amount	The value fetched from the investment on maturity.

The system displays the following fields.

Tenure	The tenure of the investment saved in the request
Interest Rate	The default interest rate set in the function parameter.
Tenure Periodicity	Use the drop-down list box to select the tenure periodicity of the instrument. The system defaults the tenure periodicity from the request on get details. On launch of the page, the default tenure periodicity set in the function parameters is defaulted.
Interest Periodicity	Use the drop-down list box to select the interest periodicity of the instrument. On launch of the page, the default tenure periodicity set in the function parameters is defaulted.
Status	The status of the Instrument No would get displayed here.

Enter the following details:

Ref. ID Numbering Type	Use the drop-down list box to specify the numbering type. The combo is loaded with options “Automatic” and “Manual”. The system displays “Automatic” by default on launch of the page.
Ref. ID Date	The date of creation of reference ID of the instrument. (Date format). This is defaulted with the system date.

Click the “Record Investment” pushbutton to create the instrument.

The system updates the status of the instrument number / reference Id number to “Fresh”.

Click the “Record and Authorize” pushbutton to create and authorize the instrument.

The system updates the status to “Active”.

To proceed, carry out the following

Select the “Maintain Fixed Return Investment Details” link at the bottom of the page to modify the instrument.

Prerequisites

4 Finance book must be defined in the “Create Finance Book” activity of the “Organization Set Up” business component.

4 Instrument type / party type to be defined in the FSS