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Author Topic:   Asset & Liability Info: Accrued Interest
FN_User
Member 		posted 05-10-2007 01:30 PM     Click Here to See the Profile for FN_User     Edit/Delete Message
I'm in the process of creating asset valuations in which I will be including accrued interest for each individual security.

I noticed that the Asset and Liability info screen has a space for: Interest/Bd$

I believe this space is for the interest rate but I noticed that you can enter a number to create an amount that on a security report will add in to the Total Value of the security like accrued interest.

Question: Is it possible to expand the number of decimal places so we won't get rounding errors?

Please advise.

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fni_support
Moderator 		posted 05-10-2007 02:08 PM     Click Here to See the Profile for fni_support     Edit/Delete Message
Yes, the Asset & Liability Info screen has a field for interest for bonds (Interest/Bd$ = interest amount per $1,000 worth of bonds). When the Format Type is Common Stock, the same field is dividends per share (Dividend/sh$).

The information in this field shows up in reports like Security Portfolio Analysis. This has no effect on account balances, income statement, or balance sheets. It isn't really accrued interest; reports show the annual dividend or interest and annualized yield, not the accrued interest/dividend since the last payment. Still, the information can help you compare investments and predict cash flows.

I will forward your request for more decimal places to our developers.

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