Hello, gurus!
While trying to post amortization amount for interest rate instrument (product category 550), I faced the problem: system makes no adjustment of the amortization by the amount of accrued interest (using cash flow method in accordance with IAS39). I noticed that this possibility is present for securities.
My 1st question is why only securities?
The 2nd question is how to make adjustment postings to post accrued interest separately from the principal debt value. Otherwise I have to refuse using TPM44 to avoid duplicating of the accrued interest. It seems queer to me.
Thanks for any answers,
Alex