Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.
Comment: Version published after converting to the new editor

You can set up and work with variable rate and floating rate securities when you use Eagle Accounting. 

A Variable Rate security in Eagle Accounting is a security that accrues interest off a non-predetermined coupon rate in the Variable Rate table, and that rate changes over time.

A Floating Rate security is a security that accrues interest based on the value of an underlying index. A Floating Rate security can also use a basis point adjustment to the underlying index, in order to calculate a coupon rate. An Inverse Floating Rate security accrues interest inversely to an index. Like a Floating Rate security, an Inverse Floating Rate security can use an index offset in the calculation of the coupon rate to use in earnings calculations.


In this section

Child pages (Children Display)
depth1