Settling Transactions 

In the next step, you will process a check of the contract in the back office (the department that does the processing) and a subsequent settlement.

  1. Call up the transaction as follows:
    2.

    Menu Path

    From the Derivatives node, choose Back Office ® OTC Interest Rate Instrument ® Settle

    Transaction Code

    TO04

  2. Enter the following data:
    3.

    Field

    Data

    Description

    Company code

    1000

    IDES AG

    Transaction

    XXX

    You need the contract number of the contract created previously to select the relevant data.

  3. Choose .

    4. On the Settle FRA: Structure screen, you see the data for the contract you have created. You may enter changes.

  4. Select the Payment details tab page to display the payment details and check them.
  5. Choose until you are back on the Settle FRA: Structure screen.
  6. Choose .

    7. The system displays the message Financial transaction saved under number XXX.

  7. Choose Transaction ® History.
  8. Choose .

    9. On the Transaction Activities – History screen, you can trace the single steps of the transaction once again. If you double-click on a field, the system branches to the basic data of the FRA.

  9. Select an activity category by double-clicking.
  10. Choose the Cash flow tab page.

    11. You see that the settlement triggered no changes.

  11. Choose until the overview tree appears.