Page Comparison

Issue Country Code

1418

Specifies the identification number that represents the country that issued the security. Used in tax withholding and tax reclaim processing. You can populate this field with the ISO Code Value for the Country of Tax. Eagle Accounting populates the code category, COUNTRY CODE, with the ISO Country Code during the install/upgrade procedure. When you populate the Country Code (with a valid country code), Eagle Accounting populates the Issue Country field. If the value for this field changes after a position's inception, the change in this field affect current and future coupon period earnings. Prior coupon period earnings are not affected by a change to this field, unless earnings are rolled backed to that period and then rolled forward, or a trade is backdated for a previous coupon period, and thus when earnings roll forward, they pick up the new value when the earnings process runs.

Issue Country

2290

Specifies the name of the country that issued the security. Used in tax withholding and tax reclaim processing, and in calculating what tax rate to apply. You can populate Issue Country with the country name for the security's country of tax. Eagle Accounting populates the code category, COUNTRY CODE, with a list of valid Country Names as part of the install/upgrade procedure. When you populate Issue Country Name with a valid country, Eagle Accounting populates the Issue Country Code field. If the value for this field changes after a position's inception, changing this field affects current and future coupon period earnings. Prior coupon period earnings are not affected by a change to this field, unless: earnings are rolled backed to that period and then rolled forward, or a trade is backdated for a previous coupon period, and thus when earnings roll forward, they pick up the new value when the earnings process runs.

Dual Currency Indicator

11802

Indicates whether the security is a dual currency instrument. A dual currency instrument is a financial instrument based in one currency that makes payments of income and/or principal in a different currency. Options include:

• Yes. Indicates that the security is a dual currency instrument. If you select Yes, you can specify an income currency and/or principal currency that differs from the asset currency. Also, additional fields in the Dual Currency Information section become available. These fixing parameters provide criteria used to retrieve the appropriate FX rate, or fixing rate, at which the dual currency instrument income and/or principal payment is converted.
• No. Default. Indicates that the security is not a dual currency instrument.

Asset Currency

85

Specifies the security's base currency and the currency in which the security was issued. For non dual currency assets, the system uses the Asset currency to determine the currency in which the security repays principal and interest, and the currency in which the security is priced. For a dual currency instrument, the asset currency identified in this field is the base currency. The dynamic lookup for this field brings back all established code values in the CURRENCY CODE code category. Once a position exists, you should not change this value.

Income Currency

1186

Specifies the currency in which the security pays income. This field displays the asset currency by default, but you can change it if you identify the security as a dual currency instrument. For a dual currency instrument, this value may be called the settlement currency. When the income currency differs from the asset currency for a dual currency instrument, the security accrues income in the asset currency but converts the local currency amounts to the income currency at the time the coupon is dropped based on the fixing parameters specified for the dual currency instrument. The dynamic lookup for this field brings back all established code values in the CURRENCY CODE code category.

Settle Currency

63

Represents the currency in which the security settles. In creating the security master record, Eagle Accounting uses the value from the Asset Currency field as the default value for the Settle Currency field, and you can then edit the field. Eagle Accounting defaults the value from the Settle Currency field in the security master record, into the Settle Currency field in the various trade panels. The dynamic lookup for this field returns all established code values in the CURRENCY CODE code category.