You can use the following compound information fields when you set up fixed income securities for use with Eagle Accounting. For more information, see Compounding Interest Examples.
Option | Tag | Description |
|---|---|---|
Compounding Indicator | 11875 | Specifies whether the security compounds unpaid interest. Options include Yes or No. If you set this value to Yes, the remaining Compounding Information field values are required. |
Compounding Method | 11876 | Identifies the method used for compounding interest. Options include:
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Compounding Frequency | 11877 | Specifies the frequency at which the security compounds interest. |
First Compounding Date | 11878 | Specifies the first date on which the compounding begins for the security. |
Last Compounding Date | 11879 | Specifies the end date when interest compounding ceases for the security. |
Final Rate Rounding Precision | 18276 | Specifies the rounding precision for the compounded rate of return on each security. This field appears if the Coupon Type Code field (tag 97) has a value of X (Floating Rate) or R (Inverse Floater) and you set the Coupon Rate Fixing Method field to Reset At End. Options include:
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Final Rate Rounding Direction | 12403 | Specifies the direction of rounding for fractional numbers based on the Final Rate Rounding Precision value. This field appears if the Coupon Type Code field (tag 97) has a value of X (Floating Rate) or R (Inverse Floater) and you set the Coupon Rate Fixing Method field to Reset At End. Options include:
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