NetLoan - Weighted Average Rate Calculation
Purpose
This search provides a summary calculation of weighted average rate, which are required footnote disclosure items (valid for single currencies only).
How To
Navigation:
NetLoan > Reports > G/L & Recon Reports > Weighted Average Rate Calculation > Run
Filtering:
The search can be narrowed down by adjusting the filters for date, subsidiary, loan type, and/or style. The report will automatically update as filtering options are selected.
Filter by the last full period being reported on.
Results
Upon running the schedule the user will see the remaining payment value and the weighted average percentage rate for all the company's loans.
Troubleshooting
Is the report missing loans?
1. If desired loans do not appear in the report, check the selected filters to ensure loans are not being restricted from view.
2. Verify loans have journal entries ran through the selected period.
Please note, this report does not work for loans of multiple currencies.