Bond Management — Overview
The Bond Management process helps you to manage issued bond as well as bond investment. The functionality helps you to automate labor-intensive processes, such as payment handling and accounting postings, giving you more time to focus on value-added activities. You can manage operational and accounting requirements. The process covers fixed-rate bond, floating-rate bond, and zero-coupon bond.
The scope item 3WY - Bond Management enables you to automate the management of bond issuance and investments, including creation of security account, security class and financial transaction, payments, interest rate fixing, and accounting. You will be in a position to make better operational and strategic decisions using the comprehensive reporting and analysis tools. Also improve internal operational compliance with the help of this scope item functionality.
Bond Management — Process
The key process flows covered by the Bond Management scope item include the creation of a security account and a security class. When the financial transaction is processed the payments and associated general ledger postings are performed.
The process also facilitates the month-end accounting process and the monitoring and reporting on the positions and financial transactions.