Dear Friends,
I am implementing Fixed Interest Bonds - 04I at one of my clients place.
I am new to Bonds and need some help for the same.
When we make bonds purchase at premium, we pay the premium as well as face value. Also, we do postings for accrued interest.
The postings are done through TBB1.
The postings for Face value+Premium is done together through TBB1.
Now after this, We run TPM18 where the premium is posted again.
I want to know , what is the difference between the 2 postings that we did for Premium. Once through TBB1 and other through TPM18.
Why are we posting the premium amount twice?
Also, I would like to know the accounting entries for the same.
Regards,
Rohan