How to Accrue Lombard Loan Setup Fees
Recording the one-time origination fees for establishing a credit facility secured by marketable securities.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Accrued Fee Income | Debit | 2,500.00 | - |
| Lombard Loan Origination Revenue | Credit | - | 2,500.00 |
💡 Accountant's Note
Origination fees are recognized at the time the loan facility is finalized and available for draw-down by the client.
Practitioner & Systems Framework
💻 ERP Architecture
Credit risk and lending module automated fee triggers.
⚠️ Audit Flags
Variance between loan approval dates and fee recognition dates.
📄 Required Documentation
Signed loan agreement and facility letter.
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