Quantcast
Channel: SCN: Message List - SAP ERP Financials - Treasury Applications
Viewing all articles
Browse latest Browse all 5623

Re: Process Flow at the time of sale of Fixed Interest bond before final repayment date

$
0
0

Hi,

 

 

Accrued Interest is not capitalizing in my case.

 

 

Purchase date is 2nd Nov 2014   (Dirty Price 100.24)

 

Sale date is 5th Nov 2014  (dirty price 100.41)

 

 

 

Capital gains = Clean Price - Dirty Price = 100.41 - 100.24

 

At the time of Purchase my client is going to be  paid  = Accrued Interest payment SE8701 = INR 2,50,000

 

At the time of Sale my client will receive =  Accrued Interest Received SE8702  = INR 3,12,000

 

 

 

Accrued Interest = 3,12,000 - 2,50,000 = INR 62,000/-

 

with regards

raju


Viewing all articles
Browse latest Browse all 5623

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>