Manage Accrual Factors in Issue Viewer

Owned by Nancy Cohn (Deactivated)
Last updated: Oct 03, 2024 by Jawann Swislow
4 min read

In Issue Viewer, you can add, change, delete, and list accrual factors.

Accounting Center includes Issue Viewer, Eagle's legacy security master tool that allows you to perform a variety of security master related functions. Reference Data Center (RDC), which replaces Issue Viewer, along with other legacy data management tools, is Eagle's current and more powerful solution for centralizing and managing security reference data. Eagle recommends that you use RDC to set up and manage accrual factors when you use Eagle Accounting, but continues to provide access to Issue Viewer while existing clients transition to RDC.

Add Accrual Factors

In the Add Accrual Factor panel, you can add one or more accrual factors for a security. For information about working with accrual factors in RDC, see Manage Accrual Factors.

To add one or more accrual factors:

  1. In Accounting Center, in the left navigation pane, click Setup > Securities > Manage Securities > Issue Viewer.
    You see the Issue Viewer tool.

  2. In the left navigation, double-click Issue Accrual Factors and Add Accrual Factor.
    You see the Add Accrual Factor panel.

  3. Under Security Details, select the security associated with the accrual factor.
    You must specify the Primary Asset ID value.

  4. Under Accrual Details, for each accrual factor you are adding, specify a value in the Effective Date field and enter an Interest Accrual Factor field value.
    You must specify both values.

  5. To add additional accrual factors:
    –  Right-click the Accrual Details pane at the bottom of the panel and select Add Rows.
    –  Enter the number of rows you want to add to the pane.
    –  Click OK.
    –  Complete the options on each row you added.

  6. Click Submit.
    The system adds the accrual factors to the specified security.

Add Accrual Factor Panel Options

The following are the options in the Add Accrual Factor panel when you add one or more accrual factors for a security. 

Option

Tag

Description

Option

Tag

Description

Security Details

 

 

Source Name

1102

Displays the source name for the accrual factors. The default value is EAGLE PACE.

Primary Asset ID Type

1432

Specifies the primary asset identifier type for the security, such as CUSIP, ISIN, and SEDOL.

Primary Asset ID

14

Specifies the identification number for the security.

Issue Name

961

Specifies the name of the security. 

Processing Security Type

3931

Displays the processing security type for the specified security.

Maturity Date

38

Displays the date the final principal payment is due on the security.

Accrual Details

 

 

Effective Date

1109

Specifies the effective date of the accrual factor rate for the security.

Interest Accrual Factor

10943

Specifies the accrual factor for the security. Accrual factors represent the period-to-date factor for a given effective date. The earnings process uses this factor to calculate the accrual ptd for a holding used to calculate the amount of interest payable for any given Interest Period. For more information, see Accrual Factor Calculation Examples.

Change Accrual Factors

In the Change Accrual Factor panel, you can change an accrual factor for a security. You can change only the accrual factor value.

To edit an accrual factor:

  1. In Accounting Center, in the left navigation pane, click Setup > Securities > Manage Securities > Issue Viewer.
    You see the Issue Viewer tool.

  2. In the left navigation, double-click Issue Accrual Factors and Change Accrual Factor.
    You see the Change Accrual Factor panel.

  3. Under Choose Option, set the Please Select Action list to Change Accrual Factor.

  4. Under Change/Delete Accrual Factor, enter the query parameters to identify the security with the accrual factor you want to change.
    You must specify the Primary Asset ID value.

  5. Click Submit.
    In the Show All tab, you see a list of accrual factors that meet the selection criteria.

  6. Select the check boxes for one or more accrual factor rows you want to change, and click Change Accrual Factor.
    You see each accrual factor you selected in the Change Accrual Factor tab.

  7. Modify the records by changing the value for the Interest Accrual Factor field.
    The effective date is part of the primary key and you cannot change it. If you need to change the effective date, you must delete the accrual factor and re-enter the accrual factor using the correct date.

  8. Click Submit.

Delete Accrual Factors

In the Change Accrual Factor panel, you can delete an accrual factor for a security.

To delete an accrual factor:

  1. In Accounting Center, in the left navigation pane, click Setup > Securities > Manage Securities > Issue Viewer.
    You see the Issue Viewer tool.

  2. In the left navigation, double-click Issue Accrual Factors and Change Accrual Factor.
    You see the Change Accrual Factor panel.

  3. Under Choose Option, set the Please Select Action list to Delete Accrual Factor.

  4. Under Change/Delete Accrual Factor, enter the query parameters to identify the security with the accrual factor you want to change.
    You must specify the Primary Asset ID value.

  5. Click Submit.
    In the Show All tab, you see a list of accrual factors that meet the selection criteria.

  6. Select the check boxes for one or more accrual factor rows you want to delete, and click Delete Accrual Factor.
    You see each accrual factor you selected in the Delete Accrual Factor tab.

  7. Review the accrual factors that you plan to delete.
    You can view the Source Name, Primary Asset ID Type, Primary Asset ID, Effective Date, and Interest Accrual Factor values for each accrual factor, but you cannot change them.

  8. Click Submit.

List Accrual Factors

In the List Accrual Factor panel, you can view one or more accrual factors for a security. You can view the security’s accrual factors for a specified date range.

To list accrual factors:

  1. In Accounting Center, in the left navigation pane, click Setup > Securities > Manage Securities > Issue Viewer.
    You see the Issue Viewer tool.

  2. In the left navigation, double-click Issue Accrual Factors and List Accrual Factor.
    You see the List Accrual Factor panel.

  3. Complete the options on the List Accrual Factor panel.
    For example, enter the query parameters to identify the accrual factors you want to view.

  4. Click Submit.