Professional Documents
Culture Documents
Johan Dannestig
Fyrirlestrarheiti
Electronic bill
Credit presentment Dispute Collections
management and payment management management
Check Finance
Issue Forecast Resolve Collect Settle
credit- working Reconcile
invoice cash disputes cash & pay
worthiness capital
Transaction Manager
Manage Financial Hedge Mgt Exposure Mgt
Instruments MM FX DER DEB SEC COM
Tracking of payment status Save bank fees for bank accounts and
payment transactions
Avoid cost for external cross-border
payments
Gain more interest keeping cash within
the group
Reduce hedging deals concentrating
exposure within the group
Performance, Ratios,
Transaction Manager
Compliance
Front office: Position and deal reporting, Deal capture, Exercise, Dealer slip,
Middle office: Risk Valuation tools, On-line limit check
exposure, Controlling,
Compliance, Back office: Standing instructions, Correspondence, Netting, Settlement, Rate
fixing (interest, FX), References, Corporate actions, Process monitors
Data export: Excel,
Flat files, BI Accounting: Flexible accounting determination, Accounting according to many
international accounting standards – in parallel, Hedge accounting
Denmark I Iceland I Sweden I UK I www.applicon.com
Transaction Management Process
Release
Back
Trading Accounting
office
• Create order/contract Settlement/Control Postings
• Exercise/expiration Interest rate adjustment Payment activities
User authorization
User defined status codes
Limit management
Posting details
Fxd-term dep. acct 113113 Bank clearing acct 113100 Interest earned 273100
D C D C D C
Deposit 1,000,000 FT deposit
1,000,000 Nominal 3,750
Nominal int. 3,750 interest
Final 1,000,000 Final
repayment repayment 1,000,000
Denmark I Iceland I Sweden I UK I www.applicon.com
Integration between TRM and GL using
Parallel Accounts
TRM Transaction Manager
Transaction Management
General Ledger
Purchase of new bond at the cost of 90€ with a fee of 1€
Valuation Area 002 Number range 2 Position Costs Unreal. Dummy Bank
2311044 2118500 2112200 2299999
Valuation rules for bonds: Doc. # 2 91 91
Bond purchase …
Activate fees Doc. # 5
Amortize costs Valuation 1 1
Valuation Area 003 Number range 3 Position Costs Unreal. Dummy Bank
3311044 3118500 3112200 3299999
Doc. # 3 1 91
Valuation rules for bonds: Bond purchase 90
…
Post fees to P/L
Valuation
Lowest value principle