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Session 59940
Basic Funds Transfer Pricing
Through General Ledger
Luc Descloitres
Beacon Application Services
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Agenda The Case For Integrated FTP
Project Highlights
Solution, Step-by-Step Top Five Take-Aways
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The Case For Integrated FTP No FTP system
Product information available in GL
Pool funding acceptable Low cost
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Project Highlights Mid-Size Community Bank
Scope:
Budget Load Ledger Copy
FTP Calculation
nVision Reports
Cost: 4 Consultant-Weeks from Start to Finish
Duration: 6 Weeks
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Solution Process Flow
Budget Load
Ledger Copy
FTP Calc
Ledger Summary Reporting
1
2
3
4
5
Indirect Exp Alloc
Tax Alloc
ASCII
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Solution Budget Key Business Unit
Ledger
Budget Code (Account) Planning Unit (Department)
Product Group or B/S Caption (Product)
Fiscal Year Accounting Period
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Solution Budget TreesAccount Tree
Account 10101Account 10102...
udget ode 1011
Account 101 5...
udget ode 1012
Account 0101...
udget ode 011
Account oot
Department Tree
DeptID 123DeptID 789...
ost Unit 01
DeptID 56...
ost Unit 02
DeptID 159...
Profit Unit 71
Departmen t oo t
Product Tree
Product 10101Product 10102
...
/S aption 1010
Assets - Daily
Assets - Monthly
Liabilities
Product oot
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Solution (1) Budget Load Three Budget Ledgers
Monthly Activity
Average Daily Balances MTD Average Daily Balances YTD
Two-dimensional vs. three-dimensionalsystem (Account-Department-Product)
Month-end and average balances storeddifferently
GL_LED_IMP Application Engine process
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Solution (3) Ledger Summary Benefits of Summary Ledgers
Align Actuals and Budget
Allocate to Tree Nodes* Improve nVision Performance
Query Summary Data (Dashboard)
Three Summary Ledgers (Same as Budget)
Delivered S_LEDGER_SUM Record
Very Fast!
*Requires a view to map summary fields to ChartFields
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Solution (4) FTP Calculation1. Divide Interest Income (Expense) by
Average Balance x (100)
. Subtract (Add) MonthlySpread x 100 from(to) Result
3. MultiplyAverage Balances by Result 100
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Solution (4) FTP Calculation Spread x 100 is stored in a statistical
account (scale 3) by B/S Caption
Monthly Spread Spread 12
Spread x (Days in Month Days in Year)
Intermediate Results Stored in Statistical
Account Funding Expense (Credit) posted to Budget
Code
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Solution (5) Reports nVision, nVision, nVision
Variance Reports
Trend Reports FTP Report
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Solution (5) Reports
Aver ge B l e Interest Income
(Ex ense)
Rate Spread Funding Expense
(Credit)
Assets
Mort oans $ , , $ , , . % . % $ ,
ons r oansonstr ction oans
ashOth r ss ts
Liabilities
saving ccounts
s
Oth r iabiliti s
Equity
tockhol rs' quit
Row Filter Criteria:
Product
Column Filter Criteria: AccountFTP REPORT
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Top Five Take-Aways1. Leverage the Product ChartField
2. Precision and scale matter
3. Use Pool and Basis factors (scale 6, signed)4. Use the Zero Amount option carefully
. Views open up unlimited possibilities
DeriveP
roduct (B/S Caption) from Account Map summary fields to ChartFields
Adjust spread for daily-basis interest
Increase precision
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Questions?
