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Category Note

The document outlines the creation and amendment of category codes for classifying financial transactions in T24, detailing the structure of category codes and their predefined values. It also describes the Account Module, which manages customer and internal accounts, including interest calculations and account statements. Additionally, it explains the creation and amendment of report lines, specifying types of lines and their functions in financial reporting.

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Dinaol Fikiru
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5 views3 pages

Category Note

The document outlines the creation and amendment of category codes for classifying financial transactions in T24, detailing the structure of category codes and their predefined values. It also describes the Account Module, which manages customer and internal accounts, including interest calculations and account statements. Additionally, it explains the creation and amendment of report lines, specifying types of lines and their functions in financial reporting.

Uploaded by

Dinaol Fikiru
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

1.

Create / Amend Category


Category codes used to classify financial transactions on T24 according to the type of business
operation or product. The first two digits of the Category code represent the highest level of
classification and the next three digits represent a sub-classification which provides a clear definition
of the profit and loss or product type. A table of possible values and definitions of the first two digits
of Category codes have been pre-defined within T24 and is included in the documentation of the
record ID of this table. The sub-classifications will be defined separately within each System.

PRE-DEFINED CATEGORY CODES

==========================

ACCOUNTS: 01 - 19

01 - 09 = Customer Accounts

10 - 19 = General Accounts

CONTRACTS/TRANSACTIONS/PRIME RECORDS: 20 - 49

20 = Foreign Exchange

21 = Loans and Deposits

22 = Securities

23 = Trade Finance

24 = Bonds

PROFIT AND LOSS RELATED TO PRODUCTS: 50 - 59

50 = Interest paid

51 = Interest received

52 = Commission

53 = Exchange

NON-PRODUCT RELATED PROFIT AND LOSS: 60 -69

60 = Personnel

61 = Premises

62 = Other operating expenses

63 = Taxes
2. Internal Account

ACCOUNT

The Account Module caters for the creation, maintenance and control of all types of accounts
handled by T24 It also provides:

- Calculation and application of interest on customers' accounts.

- Calculation of charges relating to the maintenance and servicing of accounts.

- Production of account statements and overdraft and referral reports.

Accounts can be classified as two types:

Customer Accounts
These include any accounts related to a customer and are identified by account numbers of up to 14
digits including the check digit

Internal Accounts
These include any accounts not related to a customer, such as cash, unremitted profits and capital.

Internal Accounts are identified by codes specifically structured to include information


defining the account as follows:
- Currency - Category - Subdivision within the main category classification.
-the account number will be 16 character
3. Create / Amend a Report Line
OVERVIEW CONSOLIDATION/REPORTING - REPORT LINE

This file contains the definition of the content of a report line. It also holds the details for line
narratives, sub headings, totalling for each report and control of spacing (empty lines) before and
after lines and totals.

TYPE
HEADING - A Descriptive title given in a line without any finance value.
DETAIL - Returns a financial value for the selected criteria.
LINK - Used to do maturity splits in the same line, they are same as Detail.
TOTAL - Used to define Total or Sub totals for the Detail Line.
[Link]

Defines the line as either a Heading, Total or Detail line.

[Link]

Identity of TOTAL (accumulator) to be updated with all values on lines identified as type DETAIL, LINK
and TOTAL.

SUPRESSION

Indicator to suppress or print a line with zero values.

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