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Display Accrued Interest

The Display accrued interest account setting, when selected, allows you to see the position and account values steadily increase day over day as interest accrues until the interest transaction is paid, at which point the value moves to cash. With the account-level setting disabled, Tamarac reports display only the interest transaction when interest is paid.

Interest is generated by fixed income securities, mortgage-backed securities, and CDs.

Where You Enable Accrued Interest: Account Level vs. Security Level

In Tamarac, you enable accrued interest display at the account level and/or at the security level. The following table details differences between each:

Account level Accrued Interest

• Setting name: Display accrued interest

• How to use it: Select or clear Display accrued interest for each account to display accrued interest for a specific security for some accounts but not other accounts.

• What reports you see it on: Performance reports, when only account-level accrued interest is selected.

Security Level Accrued Interest

• Setting name: Display accrued

• How to use it: Select or clear Display accrued for each security to show accrued interest for one security but not another within an account.

• What reports you see it on: Performance and Holdings reports when account- and security-level accrued interest are both selected.

Where You See Accrued Interest

You see accrued interest in the following locations within Tamarac:

• Performance reporting at the account and position levelAccruing interest could impact the account or position returns.

• Holdings reporting at the account and position levelAccruing interest could impact the account or position values.

  important

  To see accrued interest on Holdings reports, it must be enabled at both the account level and the security level.

• BillingAccruing interest could impact the billable value.

See Accrued Interest in Action

When you select Display Accrued Interest, a Holdings report displays:

In this example, accrued interest has been enabled at both the account level and security level. Therefore, the Holdings report includes accrued interest in the value for applicable securities.

When you clear Display Accrued Interest, the same Holdings report displays:

In this example, accrued interest has been disabled at the account-level. Therefore, the Holdings report excludes accrued interest in the value for applicable securities.

For more information on the security-level setting, see: Security Settings: Display Accrued.

For more information on managing accounts, see Maintaining Accounts.