About Day Count Basis

Day Count Basis (tag 471). Day Count Basis is the convention for measuring the time between two dates, for the purpose of calculating earnings on a fixed income security.

Eagle Accounting provides the following list of supported Day Counts in the code category, DAY COUNT BASIS, as part of the installation and upgrade. For more information, see Understand Day Count Basis Options and Compare the ISMA 30E/360, NASD 30/360, and Actual Day Count.

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