NBFC DOCUMENTATION

• CREATE NBFC COMPANY IN ACCOUNTS AS PER SCREEN SHOWN BELOW

• CREATE NBFC FAMILY IN ACCOUNTS AS PER SCREENS SHOWN BELOW

• OPEN NBFC BENEFICIARY IN DEMAT• OPEN NBFC PLEDGE BENIFICARY IN DEMAT

Note: POA Clients can be NBFC Clients but NBFC clients has to be POA Compulsory

Click on New Company for creating NBFC company in accounts

Accounts-BSE-Master-Company List

Accounts-BSE-Master-Company List

Input company code as NBFC – company name can be inputted as per requirement and group code as group1And fill rest of details

Accounts-BSE-Master-Family Group

1. Input family code- NBFC

2. Tick on funds transfer allow – so that the funds of this family can be transfer from on segment to another

3. Ticking on family wise net payment No for this family only

In client Modify option Select Family Group NBFC for NBFC clients andMark delivery type as 2-to client

Trading-BSE-Master-Client Master

In client summary option- select NBFC client yes Set NBFC cash multiplier – for giving allowable limit against the deposit recd in nbfcNBFC Scrip Multiplier – For giving allowable limit against stock recd from client

Open NBFC beneficiary with NBFC code compulsory in beneficiary DP catalog

Demat-BSE-Masters-Beneficiary DP-Catalog

Open NBFC Pledge beneficiary with Pledge_NBFC code compulsory in beneficiary DP catalog

Demat-BSE-Masters-Beneficiary DP-Catalog

Input NBFC pledge account code in system settings as per the screen shown above

For Interest Calculation-Define interest percentage in client master

To define haircut % in scrip’s for NBFC individually as circled below

For importing haircut through importing file-file format should be scrip code and percentage in csv format as below

Scrip code percentageEg - 500325 10

500410 15

Deposit received as stock has to be inputted manually in NBFC beneficiary inward as shown above

Note deposit recd in cash to be entered as receipt in NBFC segment

Demat- BSE- Vouchers- Beneficiary voucher entry

Accounts-NBFC-Reports2-report no 166- NBFC Analysis

This report gives branch wise- family wise-client wise- Net debit and Net credit along with cash segment and NBFC segment debit / credit separately

This is a summary funding report for NBFC which shows clients net debit and credit in debit and credit columns respectively along with exchange wise net balance along with NBFC funding amount

Accounts-NBFC-Reports2-report no 166- NBFC Analysis

Accounts-NBFC-Vouchers-NBFC Fund Transfer

Input Cash bank code

select here the segment to which the funds are to be transferred

Input NBFC bank code Select the option as per

Debit / credit transfer required

Considering multiplier yes will allow to transfer only required debit or final amount arrived through multiplier which ever is less as per example shown below

Accounts-NBFC-Vouchers-NBFC Fund Transfer

on selecting cash Dr Trf (all dr) in the above screen it shows that client having debit in cash segment of Rs- 174661.44 is allowed up to that amount only through nbfc funds transfer from nbfc company even though the amount in other deposit (This amount is derived on the basis of cash multiplier i.e. cash credit + stock multiplier i.e. value of stock lying in NBFC beneficiary) that is the amount of cash segment debit or other deposit amount whichever is less

Note:- Entry if want to be deleted has to be deleted from both the companies individually

Accounts-NBFC-Vouchers-NBFC Fund Transfer

click in check box for those clients whose funds are required to be transferred from NBFC to cash segment as per selection

Pressing transfer balance button will Pass two different entries in both the companies

1. Bank Payment entries will be passed on the selected voucher date for clients (for each client respectively) in NBFC company in bank selected

2. Bank receipt entry in cash segment will be passed in the bank selected for the same clients and same amount for those whose payment entry has be passed in NBFC bank

Clicking on check button after selecting various clients will show the total amount so that it can be transferred through one cheque from NBFC bank to Cash Bank

Accounts-NBFC-Reoprts1-Party details

The above screen reflects the bank payment entry passed in NBFC bank for the client selected

The above screen shows the corresponding receipt entry in client on behalf of the payment made by NBFC to client

Accounts-BSE-Reports1-Party details

Demat-BSE-Vouchers-NBFC Ben Posting

For Demat effect i.e. Payout ProcessAfter payout (if direct payout then directly do the below process but if pool payout than first transfer the shares from pool to clients beneficiary a/c and then do the above process)Through the above process a file will be generated which you have to forward it to your DP (for transferring the shares from POA clients Beneficiary to NBFC beneficiary) so that the shares which have been credited through payout in POA clients Beneficiary will be transferred from their account to NBFC beneficiary (i.e. NBFC company’s a/c). A soft copy will be generated as per the screen shown below after the above process

Demat-BSE-Vouchers-NBFC Ben Posting

On uploading the above soft copy in DP the clients shares will be transferred to NBFC beneficiary account

Demat-BSE-Vouchers-Beneficiary Transfer

Pledging of shares can be done through the above option

Select NBFC in from account and NBFC_PLEDGE in to account, define execution date

Input client code / Scrip code in client / Scrip option for viewing of single client or scrip

Approved scrip – If required than only tick on the respective option

If required quantity to be filled in the clear quantity box automatically by system than select auto fill quantity yes and if want to be inputted manually than select no in auto fill quantity

After processing instructions can be generated as shown below

Desk Top-Demat-

Instructions can be generated from the above option

Desk Top-Demat-Off Market Instructions from Beneficiary

Select the execution date which was inputted as the time of Beneficiary Transfer

Select from beneficiary in beneficiary list

Input serial no – that is instruction slip book number

Select the required file format for soft copy generation through file format option and generate file

Desk Top-Demat-Off Market Instructions from Beneficiary

Soft along with instructions will be generated as per the above screen

Through this report we can view the sale obligation of NBFC clients by selecting NBFC family in family code option, select nature beneficiary for viewing only stock available in beneficiary, select beneficiary for specific beneficiary as per the example shown above

Demat-BSE / NSE-Reports2-Obligation Reports- Report no 914-IO Payin Report II

In this report sell obligation of client along with available qty in the respective beneficiary, required qty, and available credit qty. from this report how much qty is to be released from pledge and other beneficiary

Demat-BSE / NSE-Reports2-Obligation Reports- Report no 914-IO Payin Report II

Demat-BSE /NSE-Vouchers-Pledge Release

For pledge release from NBFC Pledge Account select Pledge_NBFC in from a/c and select NBFC beneficiary in to a/c, tick on with sale obligation if want to release as per sale obligation, input settlement number for which shares has to released as per the screen shown above

After pledge release process instructions has to be generated from the screen shown below

Desktop-Demat-Off market instruction from ben

Desktop-Demat-Off market instruction from ben

Soft along with instructions will be generated as per the above screen

Through this option shares can be transferred to the respective clients beneficiary account

1. Sell – represents sale obligation of clients

2. Rec.- represents shares recd against obligation

3. NBFC Qty- Shows quantity available in NBFC beneficiary

4. Transfer qty – shows Qty transferable

Demat-BSE-Vouchers-NBFC Ben to Client

Demat-BSE-Vouchers-NBFC Ben to Client

After process file will be generated which has to be uploaded in DP so that shares can be released from client Beneficiary at the time of POA instructions generation

Demat-BSE-Reports2-Report no 920-In Transit stock Value

This reports gives us information about the value of stock in transit and available in beneficiary as per the example shown below

Demat-BSE-Reports2-Report no 920-In Transit stock Value

This report show in transit stock quantity appearing with (-) sign is sale in transit and quantity appearing without (-) is buy in transit

Accounts-NBFC-Reports2-NBFC Reports-report no 158- NBFC detail Report

This is a detail report giving information about shares lying in beneficiary along with closing price, amount, percentage of haircut as per defined in scrip master, and price after haircut, and net amount with haircut

And the ledger column shows the debit amount of client in NBFC company

Before giving payout to clients please go through the above process

on selecting cash Cr Trf (Req) client having credit balance in cash segment and Debit in NBFC will appear as per the above screen.

Accounts-NBFC-Vouchers-NBFC Fund Transfer

Accounts-NBFC-Vouchers-NBFC Fund Transfer

click in check box for those clients whose funds are required to be transferred to NBFC from cash segment as per selection

Pressing transfer balance button will Pass two different entries in both the companies

1. Bank Payment entries will be passed on the selected voucher date for clients (for each client respectively) having credit in BSE_CASH in the selected bank

2. Bank receipt entry in NBFC company will be passed in the bank selected for the same clients and same amount for those whose payment entry has be passed in Cash segment bank

Note: opening of account code dailyinterst (as shown above) is required for doing process

Interest calculation

Input date and select interest calculation

Through this process interest on daily basis will be levied on the client outstanding debit amount

This shows the last date of process done before

Accounts-NBFC-Vouchers-Daily Process

Accounts-NBFC-Vouchers-Daily Process

After processing it will show the client codes, amount of interest charged, along with voucher date refer to the example shown above

Accounts-NBFC-Reoprts1-Party details

The interest entry will appear in the client ledger as shown above

Accounts-NBFC-Reoprts1-Bank Book

We can view transactions in bank book as per the above screen

Accounts-NBFC-Reports2-NBFC reports- Report no 362- NBFC Detail Rpt II

This report shows margin shortfall amount as per the percentage inputted in the above margin short per column before generating the report

FA Comp. Code- through this option companies can be selected other than NBFC company for taking their balance in consideration of short margin call if no selection is made than it will take all the companies

as per the screen shown below

Accounts-NBFC-Reports2-NBFC reports- Report no 362- NBFC Detail RptII