Government Securities
Government security INR 100000
Government Securities Maturity Period: 3 years from the date of subscription i.e. Jan 2014
Interest on Government Securities: 8%
Interest frequency: Bi-annual (june 30, Dec 31)
Here, what are the steps required in the key date valuation like (amortization procedure, security valuation, One step price valuation etc)
Currently, i am following below steps
TRS_SEC_ACC: Securities account creation
FWZZ: Security Class
TS01: Purchase
Sale of Security
Interest Update and Automatic Debit Posting