Accrued Interest in V3

PeterO

I am looking at migrating to v3 and would like to clarify accrued interest. I have been using that column in 2.4 when buying bonds. What will happen to my data if I copy those transactions to rev 3? You mentioned that this column is ignored in the new version, so how this will be handled?
Kind Regards,
Peter

VidasMatelis

Hi Peter,

I removed accrued interest as it was slowing down all calculations and not a lot of users were using it.
Instead of the single transaction when you buy bonds, you will have to enter 2 transactions, where the second transaction will be a negative dividend payment equal to the amount of the accrued interest. I am not 100% sure, but I believe this way you should be able the same results as before.

PeterO

Result is the same, I have checked it in the current release. My concern is how the existing entries will be handled by rev 3 during upgrade. If accrued interest is ignored, my existing transactions containing that entry would result in incorrect result. Does it mean that I will need to add extra negative coupon for all of them to preserve accuracy?

VidasMatelis

PeterO, yes you will have to add extra record for all buy transactions.

PeterO

Have done so But it all worked well, no errors and happy to be on rev 3.0 with it's much improved layout. Thanks for your work Vidas, this is a great tool.