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Function documentationAdjustment Posting

 

Beim Abschluss kann das Account Management verschiedene Korrekturbuchungen durchführen.

Features

Adjustment Postings for Periods Already Calculated

Value dates in the past are postings from the current settlement period whose value date is in a period that has already been settled. Value dates in the past can be in any prior period. The entire period is recalculated, taking account of the value dates in the past.

Note Note

Postings from a settlement run for several due periods do not, however, result in an adjustment to previous periods. In this case, the system does not recalculate the previous periods.

End of the note.

The result is compared with the interest from the last settlement. The difference is recorded in the current settlement as adjustment from value dates in the past.

  • Post

    If there is a value date in the past on the 31st of a settled period, this does not trigger a prior period adjustment. The 31st is then the first day of a new period.

  • Settlement balance

    If there are value dates in the past, the settlement balance of the period that needs adjusting depends on the posting date of the adjustment period. There are the following cases:

    • If the posting date is after the adjustment period but before or on the next date, the adjustment posting is made in the next settlement.

      Example Example

      The adjustment period is January. If the posting date is February 2, the adjustment posting is not contained in the January settlement, but in February (current period).

      End of the example.

    • If the posting date is after the next date, the adjustment posting is made in the next but one settlement.

      Example Example

      The adjustment period is January. If the posting date is March 3, the adjustment posting is neither in January, nor in February (current period). It is not contained in the settlement balance until March, as soon as this has been settled.

      End of the example.
Interest Adjustments for a Period Already Settled

Value dating describes the key date-related value date of an account balance or an item on a customer account. Interest calculation begins for a balance changed by an incoming or outgoing payment on the value date. If there are value dates in the past in a period that has been settled, the credit and debit interest, and the overdraft interest must be recalculated for the settled period.

Value dates in the past in periods that have already been settled lead to the following results:

Situation

Result

Credit interest calculated too high

Minus credit interest (debit to the account)

Credit interest calculated too low

Plus credit interest (account receives credit)

Debit interest calculated too high

Minus debit interest (account receives credit)

Debit interest calculated too low

Plus debit interest (debit to the account)

Overdraft interest calculated too high

Minus overdraft interest (account receives credit)

Overdraft interest calculated too low

Plus overdraft interest (debit to the account)

Note Note

The value date of the adjustment posting with the newly calculated interest corresponds to the end date of the adjustment period.

End of the note.

Example Example

Period 1 was settled with credit interest of EUR 10. A value date in the past results in new credit interest of EUR 12. The difference of EUR 2 is not adjusted when the value date in the past is posted, but during the next settlement for period 2. Period 1 is recalculated in period 2, and the customer receives EUR 2 plus credit interest.

End of the example.