1. Cash Flow Engine Reference Guide
  2. Cash Flow Calculations
  3. Cash Flow Calculation Process
  4. Initialize Interface Data
  5. Pay-Equivalent Compounding Convention

7.8.3.5 Pay-Equivalent Compounding Convention

This switch is in the Oracle ALM Product Characteristics rule. When the cash flow engine calculates interest, this switch indicates when it needs to convert rates from the quoted compounding basis to the payment basis for the record.