× Discuss on Template programming, jBASE programming, Enquiries, No-File enquiry, Enquiry routines, Version, Version routines, Menus, Abbriviations, Creating local reference fields, Fast path enquiries, Creating charts and graphs, Generating Reports, Deal slips, Straight through processing, Multi Company and Multi Book setup, Tabbed screens, Composite Screens, T24 API, etc...

Value Dated vs Trade Dated Accounting

  • Posts: 7
  • Thank you received: 0

BW created the topic: Value Dated vs Trade Dated Accounting

The bank will use AA Loans and a Nostro account. All transactions will happen on the same day (booking date will be value date).

In my opinion, it doesn't make any difference to bank if they opt for Trade Date or Value Date Accounting as they will not have any contingent items (excluding the contingent asset types associated with AA).

Can anyone think of a compelling reason to opt for Value Dated over Trade Dated (I am inclined to go with Trade Dated as it is the default setting on ACCOUNT.PARAMETER)?
#22899

Please Log in or Create an account to join the conversation.

Time to create page: 0.121 seconds