Accessible from the User Defined Account dialog box, it calculates the difference between the test parameter and actual performance results. It measures the result of the entity performance relative to the covenant test it is measured against. The default formula entered for this account is: v65xx.01 - v65xx.00
Actual Test
where a typical usage example might be for a Minimum Working Capital covenant. The result is a negative number if the covenant is not met (actual is less than the test parameter).
You can change the default formula to reflect the "Test - Actual" (v65xx.00 - v65xx.01), where a typical usage example might be for a Maximum Debt to Equity covenant. The result is a negative number if the covenant is not met (test parameter is less than the actual amount).
These accounts are found in the Model Options dialog boxes.