T24 COB Reports

COB Reports • TEMENOS EDUCATION CENTRE

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Copyright © 2006 TEMENOS HOLDINGS NV

T24 Model Bank Introduction Course (T2MBIN-R5) – COB reports

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COB Reports

• T24 Reports are broadly of two types – Statutory Financial reports created based on balances consolidated from accounting entries and balance files • CRF and CRB reports based on Central reporting files and Central reporting base • Reports like General Ledger, Profit and Loss statements

– Other reports created based on information from one or more Application / Table information. They could contain Financial and / or non financial information • Reports like Limits expiring, Limits over drawn



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Statutory Financial reports

Entries affecting Account balances

STMT.ENTRY

Entries affecting all other Assets & Liabilities

RE.CONSOL. SPEC.ENTRY

Entries affecting PL Heads

CATEG.ENTRY

ASSETS & LIABILITIES Key Consolidation based On Customer and Application information REPORT CREATION HEADER LINE COLUMN …………... …………..…

PROFIT & LOSS Key Consolidation based On Customer and Application information Copyright © 2005 TEMENOS HOLDINGS NV

Entries affecting Account balances are stored in STMT.ENTRY file by the system – be it Customer account or Internal account Entries affecting P & L heads are stored in CATEG.ENTRY file. In T24, we do not open `accounts’ for profit and loss heads. All other entries are stored in RE.CONSOL.SPEC.ENTRY


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COB Reports

• When user logs into T24, a User Menu is displayed • By clicking on Finance sub menu, we can access sub menus – View Ledger Reports – View Transaction Journals

• By using View Ledger Reports, we can view reports produced during previous day’s COB – In Model Bank, we can view Company wise reports (Branch wise), by using Selection of COMPANY.ID – Financial reports CRF.MBGL, CRF.MBPL which collate information from Central reporting files, which show only balances – Financial report CRB.MBGL gives additional information from underlying accounts and contracts like interest rate, exchange rate etc


Reports can be accessed Company wise. These are standard financial reports. CRB reports have select additional information. MBGL reports is Model Bank General Ledger report. GLSHORT is an abridged General Ledger GLSHORT.CCY reports is currency wise split report


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Viewing Ledger Reports


It is possible to select Company wise reports


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View Ledger reports – CRF report Report of Key level balances

Consolidation based on Customer level information


CRF reports are produced from Consolidation key information


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View Ledger Reports – CRB report Provides select additional details of contracts and accounts


CRB reports procure select additional information from underlying Accounts and contracts like Counterparty, Account / Contract number, Interest / exchange rate, Start and maturity dates


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View Ledger Reports – Closing balance and Movement type reports


A report can be designed to have only closing type balances or to show intra day movements like Opening, Debit, Credit and Closing balances.


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View Ledger Reports – All currency and Currency split reports


Reports can be designed to show local currency equivalent of all currencies, or currency wise split and show in respective currency


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View Ledger Reports – Assets and Liabilities and Profit and Loss reports


Reports may have only Assets and Liabilities details or only Profit and Loss details or both


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Workshop - 1

• View the following standard financial reports of Company BNK in Model Bank – CRF.MBGL – CRF.MBPL – CRB.MBGL



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T24 Links Dept / Officer

Nationality

Sector

Residence

Industry

CUSTOMER Interest rate Exchange rate

Savings accounts

Maturity Term

Current accounts

Financial information General Ledger Profit & Loss Exposure

Limits Loans Mortgages FX Deposits Copyright © 2005 TEMENOS HOLDINGS NV

T24 is Customer centric software. Descriptive details of Customer are all stored at one place – CUSTOMER record. All other applications get linked to this. By this, any change in Customer details are required to be done only at one place. CUSTOMER record gets pick up values from several static tables, which are pre defined to suit individual bank’s way of reporting or recording information. Reports, even when designed to pick information from business applications can always get relevant information from underlying CUSTOMER Records. Hence, Customer wise profitability or exposure will in turn lead to industry wise or sector wise details also.


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Overall Summary

• You have gained understanding of functional architecture of T24 • You have seen the importance of – CUSTOMER and how it is central to all information in T24 – other Core elements of T24 like ACCOUNT, ACCOUNTING, DELIVERY and Static tables

LIMITS,

• You have seen – Integration between optional modules and Core elements to accomplish real time and Close of business transaction processing – real time enquiries and COB reports


On the whole, you have acquired an overall picture of functional architecture of T24 and introduction to main features of operating a Model bank through T24


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T24 COB Reports

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