Defining Accounts

Enter the name of the account that will identify the account throughout the system.

The account number can be directly populated by the account name, or can be generated automatically from user-defined attributes. The definition of automatic accounts is described below.

The Call Account field only appears if environment property USE_CALL_ACCOUNT = true.

When Call Account is selected, a new Legal Entity field is displayed for Client Sender. This field displays options to search Legal Entities with role as 'ClientSender'.

See Call Accounts for information on creating call accounts for client cash management.

The Custody field should only be used in the context of Security Custody functions.

Please refer to Calypso Client Security Custody documentation for details.

Select the processing organization that holds this account, or ALL.

A SETTLE account is restricted to a specific processing organization, unless it is automatic. For automatic SETTLE accounts, you can select AUTO. The account numbers will be automatically created by processing organization. The definition of automatic accounts is described below.

Select the currency of the postings to this account or ANY.

A SETTLE account is restricted to a specific currency, unless it is automatic. For automatic SETTLE accounts, you can select AUTO. The account numbers will be automatically created by currency. The definition of automatic accounts is described below. For SETTLE accounts, ANY is not supported.

For SETTLE security accounts, the currency is not used.

Unique id given by the system upon saving.

Select the type of the account. The following types are associated with specific processes.

See Defining Settle Accounts for details.

Click ... to add new types of account as needed.

Only applies to SETTLE accounts.

This is currently only used for ETD Clearing.

Please refer to Calypso ETD Clearing documentation for details.

This field only appears for SETTLE accounts.

Check the Security checkbox to indicate that the account is a security account.

Check the “Auto/Template Acc” to create account numbers based on user-defined attributes for this account.

See Defining Automatic Accounts for details.

This field only appears when you load an account number that has been automatically generated. It displays the id of the original account definition.

Enter an external name as needed. It can be used when exporting postings to the general ledger.

You can click  to load the external name definition if any. External names can be defined using Utilities > External Name.

Select the rule for exporting postings on this account to the general ledger:

Enter a free field to describe the account.

Optional.

Click ... to select the owner of the account. This is mostly used for settlement accounts to identify the agent / customer owning the account.

You can also hit F2.

Select the role of the legal entity that owns the account, if applicable. You can select ALL otherwise.

For the Client role, you can define multiple owners in the Legal Entities panel.

This only applies to Security Custody.

Please refer to Calypso Security Custody documentation for details.

Displays the date when the account was created.

This checkbox only appears for automatic accounts.

If checked, the automatic account number will only be generated by the Accounting engine. If not checked, the automatic account number can be generated by both the Accounting engine and the Transfer engine.

Click ... to select a closing account as applicable.

See End of Year Account Closing for details.

This is related to the End of Year Close function. It stores the last closing date.

See End of Year Account Closing for details.

Click ... to select a parent account as applicable. This allows creating account hierarchies. The Account Balance report allows aggregating accounts based on account hierarchies. Help is available from the report.

Displays the id of the selected parent account.

Check the Balance checkbox to specify that the account can generate balances.

You will be prompted to define the balance frequency.

If you have selected a weekly or monthly frequency, you can select the day of the week or month in the Day field.

See Computing Balances for details.

To create a new account – all fields are cleared.

To save the current account definition.

To save the current account definition as a new account. You need to change the account name.

Brings up the Browse panel.

When a user brings up an external account selector in the Account report, the system checks if there is a custom class named tk.report.CustomReportPreviewMode that limits the number of accounts to be loaded.

If not, it checks if the new environment property ACCOUNT_SELECTOR_MAX_ROWS is set to limit the number of accounts to load. Default is 0, no limit.

The maximum number of accounts to load can also be set on-the-fly in the field Max Rows.

This menu item operates as a checkbox.

Check to open the Browse panel in a new window when Account > Open is selected.

To save the current account definition as a template. You will be prompted to enter a template name and specify whether the template is private or public. Other users will not be able to use private templates.

To load a template. You will be prompted to select a template name.

You can only load public templates or private templates that you have created.

To delete a template. You will be prompted to select a template name.

You can only delete templates that you have created.

To save a default template. You will be prompted to select a template, and to specify whether the template is public or private. Other users will not be able to use private templates.

The default template will be loaded by default when opening the Account window.

Closes the Accounts window.

To add status codes for Settle accounts.

To add specific status codes for active Settle accounts.

To add specific status codes for closed Settle accounts, such as the reason why the account is closed (termination, no activity on account, etc.).

To add specific status codes for pending Settle accounts.

To add specific status codes for suspended Settle accounts.

See Defining Account Properties for details.

See Defining Account Properties for details.

See Defining Account Properties for details.

To define external names based on priorities.

Applies to Settle accounts.

Opens the Account Sweeping Configuration to configure account sweeping rules.

See Cash Management - Account Sweeping for complete details.

Opens the Account Mapping Configuration to store the Bank Account Relationships and map the Incoming Statement Information.

Refer to the Calypso Corporate Cash Management User Guide under Cash Management.

Applies to Settle accounts.

Brings up the Account Activity report.

The Account Activity report shows the activity that occurs on a given client/nostro account including:

See Cash Management - Interest Activity for complete details.

Brings up the Account Balance report.

The Account Balance report shows the account balances of accounts that allow balance generation ("Balance" checkbox checked, and balance frequency specified).

See Viewing Balances for details.

Applies to call accounts and settle accounts.

See Call Accounts Processing for information on the Dormant process for call accounts.

See Settle Accounts Dormant Process for information on the Dormant process for settle accounts.

Applies to call accounts.

See Call Accounts for information on creating call accounts for client cash management.

Applies to Settle accounts.

See Cash Management - Interest Bearing for complete details.

Applies to Settle accounts.

It brings up the Account Report to load or select the accounts on which you want to create a new Limit.

Applies to Settle accounts.

It brings up the Account Report to load or select the accounts on which you want to update the current limit.

Applies to Settle accounts.

See Cash Management - Account Statement for complete details.

Applies to call accounts.

See Customer Transfers for complete details.

Applies to call accounts.

See Call Accounts Processing for information on the Full Balance Withdrawal process.