About Denomination Fields
- Nancy Cohn (Deactivated)
You can use the following denomination fields when you set up fixed income securities for use with Eagle Accounting.Â
Option | Tag | Description |
|---|---|---|
Quantity Type | 12 | Stores the type of unit that the security trades in. As a default, Eagle Accounting uses Par. This field is for reporting and reference only. |
Price Multiplier | 18 | Determines how Eagle Accounting views a price. In the case of fixed income securities, Eagle Accounting defaults to a Price Multiplier of .01, which treats the price as a percentage (for example, a price of 100 is equal to 100%). Once a position exists, you should not change this value. |
Quantity Scale | 19 | Used in calculating the ratio of units bought, to units used for earnings. The Eagle Accounting default is 1, so that 1 unit of Par purchased is equal to one unit of earnings. Once a position exists, you should not change this value. |
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