Beginning Accrued Interest

The interest that has been accrued for fixed income securities as of the day prior to the report start dates.

Notes:

1. 1. To calculate accrued interest on a bond, the following data must be entered in the definition master for the investment: Maturity Date, Interest Rate, Payment Frequency, Day Type, and First Coupon Date.

   2. In order for accrued interest to populate on the report, you must select the Display Accrued Interest option located under the Home tab, Settings, Portfolio Accounting System Settings,and then Reports, Tax Lot Methods, Transactions, Management Fees settings. Otherwise, this will show up as a dashed out data point.

   3. The Beginning Accrued Interest will not impact the Beginning Market Value data point on this report, but it will impact the calculation for Total Gain After Management Fees, or Total Gain Before Management Fees.