Special Accounts, Objects, and Revenue Sources

Debt Management has a separate tab on the Special Accounts (SPEC) page with default fields for most Objects and Revenue Sources. Not shown are such codes used for Other Amounts that are additional payments or amortizations. For these types of accounting, Objects and Revenue Sources are specified directly on Lender COA and Borrower COA records with the Other Amount # as the Type of Payment.

On the Special Accounts – Debt tab there are four types of data: General Information, Loans, Bonds, and Leases. Of the latter three, you only have to complete the fields you will be using. Failure to complete a necessary field will cause transactions to reject from one or more of the Debt Management Chains. The accounts on the Debt tab do not default based on posting code but rather are retrieved directly by the chain jobs. This means that if you are manually entering accounting for a debt instrument, you must supply all necessary Objects and Revenue Sources as only Balance Sheet Accounts will default.

LoansLoans

BondsBonds

Field Name	Field Description
Bond Principal Payment Object	The Bond Principal Payment Object default account is used on system generated payments to the paying agent if the bond was set up without an Object on the Bond Payments/Borrower COA record used for principal. Any value entered must be valid for the Fiscal Year of the SPEC record on the OBJ page. This field is required if the Bond Principal Payment Sub Object field is populated.
Bond Principal Payment Sub Object	The Bond Principal Payment Sub Object default account is used on system generated payments to the paying agent if the bond was set up without an Object on the Bond Payments/Borrower COA record used for principal. Use of the Sub Object is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year of the SPEC record and the Bond Principal Payment Object on the SOBJ page. The Bond Principal Payment Object field is required if this field is populated.
Bond Interest Payment Object	The Bond Interest Payment Object default account is used on system generated payments to the paying agent if the bond was set up without an Object on the Bond Payments/Borrower COA record used for interest. Any value entered must be valid for the Fiscal Year of the SPEC record on the OBJ page. This field is required if the Bond Interest Payment Sub Object field is populated.
Bond Interest Payment Sub Object	The Bond Interest Payment Sub Object default account is used on system generated payments to the paying agent if the bond was set up without an Object on the Bond Payments/Borrower COA record used for interest. Use of the Sub Object is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year of the SPEC record and the Bond Interest Payment Object on the SOBJ page. The Bond Interest Payment Object field is required if this field is populated.
Other Financing Sources Revenue	The Other Financing Sources Revenue is an optional field that allows you to indicate a default source of revenue to be used for system generated transactions recording a bond. The field should be completed if bonds are being recorded by the Initial Debt Accounting Chain job so that any Revenue Source entered on the Paying Agent / Lender COA record used for principal. Any value entered must be valid for the Fiscal Year of the SPEC record on the Revenue Source (RSRC) page. This field is required if the Other Financing Sources Sub Revenue field is populated.
Other Financing Sources Sub Revenue	The Other Financing Sources Sub Revenue default account is used on system generated payments to the paying agent if the bond was set up without a Revenue value on the Paying Agent / Lender COA record used for principal. Use of the Sub Revenue is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year of the SPEC record and the Other Financing Sources Revenue on the SOBJ page. The Other Financing Sources Revenue field is required if this field is populated.

LeasesLeases

Field Name	Field Description
Operating Lease Object	The Operating Lease Object default account is used on system generated payments to the lessor if the Lease was not set up without an Object on the Lessee/Borrower COA record used for principal. Any value entered must be valid for the Fiscal Year of the SPEC record on the OBJ page. This field is required if the Operating Lease Sub Object field is populated.
Operating Lease Sub Object	The Operating Lease Sub Object default account is used on system generated payments to the lessor if the Lease was set up without an Object on the Lessee/Borrower COA record used for Principal. Use of the Sub Object is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year of the SPEC record and the Operating Lease Object on the SOBJ page. The Operating Lease Object field is required if this field is populated.
Operating Lease Revenue	The Operating Lease Revenue default account is used on system generated billings to the lessee if the lease transaction was set up without a Revenue value on the Lessor/Lender COA record used for principal. Any value entered must be valid for the Fiscal Year of the SPEC record on the RSRC page. This field is required if the Operating Lease Sub Revenue field is populated.
Operating Lease Sub Revenue	The Operating Lease Sub Revenue default account is used on system generated billings to the lessee if the Lease was set up without a Revenue value on the Lessor/Lender COA record used for principal. Use of the Sub Revenue is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year of the SPEC record and the Operating Lease Revenue on the SRSRC page. The Operating Lease Revenue field is required if this field is populated.
Capital Lease Principal Object	The Capital Lease Principal Object default account is used on system generated payments to the lessor if the Lease was set up without an Object on the Lessee/Borrower COA record used for principal. Any value entered must be valid for the Fiscal Year of the SPEC record on the OBJ page. This field is required if the Capital Lease Principal Sub Object field is populated.
Capital Lease Principal Sub Object	The Capital Lease Principal Sub Object default account is used on system generated payments to the lessor if the Lease was set up without an Object on the Lessee/Borrower COA record used for principal. Use of the Sub Object is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year of the SPEC record and Capital Lease Principal Object on the SOBJ page. The Capital Lease Principal Object field is required if this field is populated.
Capital Lease Interest Object	The Capital Lease Interest Object default account is used on system generated payments to the lessor if the Lease was set up without an Object on the Lessee/Borrower COA record used for interest. Any value entered must be valid for the Fiscal Year of the SPEC record on the OBJ page. This field is required if the Capital Lease Interest Sub Object field is populated.
Capital Lease Interest Sub Object	The Capital Lease Interest Sub Object default account is used on system generated payments to the lessor if the Lease was set up without an Object on the Lessee/Borrower COA record used for interest. Use of the Sub Object is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year of the SPEC record and the Capital Lease Interest Object on the SOBJ page. The Capital Lease Interest Object field is required if this field is populated.
Capital Lease Principal Revenue	The Capital Lease Principal Revenue default account is used on system generated billings to the lessee if the Lease was set up without a Revenue value on the Lessor/Lender COA record used for principal. Any value entered must be valid for the Fiscal Year of the SPEC record on the RSRC page. This field is required if the Capital Lease Principal Sub Revenue field is populated.
Capital Lease Principal Sub Revenue	The Capital Lease Principal Sub Revenue default account is used on system generated billings to the lessor if the Lease was set up without a Revenue value on the Lessor/Lender COA record used for principal. Use of the Sub Revenue is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year of the SPEC record and Capital Lease Principal Revenue on the SRSRC page. The Capital Lease Principal Revenue field is required if this field is populated.
Capital Lease Interest Revenue	The Capital Lease Interest Revenue default account is used on system generated billings to the lessee if the Lease was set up without a Revenue value on the Lessor/Lender COA record used for interest. Any value entered must be valid for the Fiscal Year of the SPEC record on the RSRC page. This field is required if the Capital Lease Interest Sub Revenue field is populated.
Capital Lease Interest Sub Revenue	The Capital Lease Interest Sub Revenue default account is used on system generated billings to the lessee if the Lease was set up without a Revenue value on the Lessor/Lender COA record used for interest. Use of the Sub Revenue is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year of the SPEC record and Capital Lease Interest Revenue on the SRSRC page. The Capital Lease Interest Revenue field is required if this field is populated.
Lease Expense Object	The Lease Expense Object is an optional field that allows you to indicate a default expense object for the recording of a capital lease as the lessee. The field should be completed if capital leases are being recorded by the Initial Debt Accounting Chain job so that any object specified for the Lessee COA record with Type of Payment of Principal or All is not used, as often a different object is desired for principal payments should be used with the Lease Expense posting. Any value entered must be valid for the Fiscal Year of the SPEC record on the Object (OBJ) page. This field is required if the Lease Expense Sub Object field is populated.
Lease Expense Sub Object	The Lease Expense Sub Object is an optional field that allows you to indicate a default expense sub object for the recording of a capital lease as the lessee. Use of the Sub Object is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year and Lease Expense Object of the SPEC record on the Sub Object (SOBJ) page. The Lease Expense Object field must be populated if this field is populated.
Other Financing Sources Revenue	The Other Financing Sources Revenue is an optional field that allows you to indicate a default source of revenue for the recording of a capital lease as the lessee. The field should be completed if capital leases are being recorded by the Initial Debt Accounting Chain job so that any revenue source specified for the Lessee COA record with Type of Payment of Principal or All is not used, as often a different revenue value than used for principal payments is desired for the Other Financing Sources posting Any value entered must be valid for the Fiscal Year of the SPEC record on the Revenue Source (RSRC) page. This field is required if the Other Financing Sources Sub Revenue field is populated.
Other Financing Sources Sub Revenue	The Other Financing Sources Sub Revenue is an optional field that allows you to indicate a default source of sub revenue for the recording of a capital lease as the lessee. Use of the Sub Revenue is optional unless other system setup requires use. Any value entered must be a valid for the Fiscal Year and Other Financing Sources Revenue of the SPEC record Sub Revenue Source (SRSRC) page. The Other Financing Sources Revenue field must be populated if this field is populated.

Field Name	Field Description
Internal Loan Interest Received Revenue	The Internal Loan Interest Received Revenue default account is used when Internal Exchange transactions are system generated to record interest revenue received by an internal lender from an internal borrower. Any value entered must be valid for the Fiscal Year of the SPEC record on the Revenue Source (RSRC) page. This field is required if the Internal Loan Interest Received Sub Revenue field is populated.
Internal Loan Interest Received Sub Revenue	The Internal Loan Interest Received Sub Revenue default account can be used when Internal Exchange transactions are system generated to record interest revenue received by an internal lender from an internal borrower. Use of the Sub Revenue is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year and Internal Loan Interest Received Revenue of the SPEC record on the SRSRC page. The Internal Loan Interest Received Revenue field is required if this field is populated.
Internal Loan Principal Received Revenue	The Internal Loan Principal Received Revenue default account is used when Internal Exchange transactions are system generated to record principal repayment revenue received by an internal lender from an internal borrower. Any value entered must be valid for the Fiscal Year of the SPEC record on the RSRC page. This field is required if the Internal Loan Principal Received Sub Revenue field is populated.
Internal Loan Principal Received Sub Revenue	The Internal Loan Principal Received Sub Revenue default account can be used when Internal Exchange transactions are system generated to record interest revenue received by an internal lender from an internal borrower. Use of the Sub Revenue is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year and Internal Loan Principal Received Revenue of the SPEC record on the SRSRC page. The Internal Loan Principal Received Revenue field is required if this field is populated.
Internal Loan Interest Paid Object	The Internal Loan Interest Paid Object default account is used when Internal Exchange transactions are system generated to record interest paid to an internal lender by an internal borrower. Any value entered must be valid for the Fiscal Year of the SPEC record on the OBJ page. This field is required if the Internal Loan Interest Paid Sub Object field is populated.
Internal Loan Interest Paid Sub Object	The Internal Loan Interest Paid Sub Object default account is used when Internal Exchange transactions are system generated to record interest paid to an internal lender by an internal borrower. Use of the Sub Object is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year of the SPEC record on the SOBJ page. The Internal Loan Interest Paid Object field is required if this field is populated.
Internal Loan Principal Paid Object	The Internal Loan Principal Paid Object default account is used when Internal Exchange transactions are system generated to record principal repayment to an internal lender by an internal borrower. Any value entered must be valid for the Fiscal Year of the SPEC record on the OBJ page. This field is required if the Internal Loan Principal Paid Sub Object field is populated.
Internal Loan Principal Paid Sub Object	The Internal Loan Principal Paid Sub Object default account is used when Internal Exchange transactions are system generated to record principal repayment to an internal lender by an internal borrower. Use of the Sub Object is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year of the SPEC record on the SOBJ page. The Internal Loan Principal Paid Object field is required if this field is populated.
External Loan Interest Received Revenue	The External Loan Interest Received Revenue default account is used when Receivable transactions are system generated to record a billing to an external borrower. That same revenue account is used in the subsequent collection too. Any value entered must be valid for the Fiscal Year of the SPEC record on the RSRC page. This field is required if the External Loan Interest Received Sub Revenue field is populated.
External Loan Interest Received Sub Revenue	The External Loan Interest Received Revenue default account is used when Receivable transactions are system generated to record a billing to an external borrower. That same revenue account is used in the subsequent collection too. Use of the Sub Revenue is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year and External Loan Interest Received Revenue of the SPEC record on the SRSRC page. The External Loan Interest Received Revenue field is required if this field is populated.
External Loan Principal Received Revenue	The External Loan Principal Received Revenue default account is used when Receivable transactions are system generated to record a billing to an external borrower. That same revenue account is used in the subsequent collection too. Any value entered must be valid for the Fiscal Year of the SPEC record on the RSRC page. This field is required if the External Loan Principal Received Sub Revenue field is populated.
External Loan Principal Received Sub Revenue	The External Loan Principal Received Revenue default account is used when Receivable transactions are system generated to record a billing to an external borrower. That same revenue account is used in the subsequent collection too. Use of the Sub Revenue is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year and External Loan Principal Received Revenue of the SPEC record on the SRSRC page. The External Loan Principal Received Revenue field is required if this field is populated.
External Loan Interest Paid Object	The External Loan Interest Paid Object default account is used when Payment Request transactions are system generated to pay an external lender. Any value entered must be valid for the Fiscal Year of the SPEC record on the OBJ page. This field is required if the External Loan Interest Paid Sub Object field is populated.
External Loan Interest Paid Sub Object	The External Loan Interest Paid Sub Object default account is used when Payment Request transactions are system generated to pay an external lender. Use of the Sub Revenue is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year and External Loan Interest Paid Object of the SPEC record on the SOBJ page. The External Loan Interest Paid Object field is required if this field is populated.
External Loan Principal Paid Object	The External Loan Principal Paid Object default account is used when Payment Request transactions are system generated to repay an external lender. Any value entered must be valid for the Fiscal Year of the SPEC record on the OBJ page. This field is required if the External Loan Principal Paid Sub Object field is populated.
External Loan Principal Paid Sub Object	The External Loan Principal Paid Sub Object default account is used when Payment Request transactions are system generated to repay an external lender. Use of the Sub Revenue is optional unless other system setup requires use. Any value entered must be valid for the Fiscal Year and External Loan Principal Paid Object of the SPEC record on the SOBJ page. The External Loan Principal Paid Object field is required if this field is populated.