7.3.6 Average Balance Computation

Average balance computation is a method used to track and report average and end-of-day balances for financial institutions. It helps create both average and standard balance sheets and income statements, which are important for regulatory compliance and internal financial reporting.

This process is essential for calculating daily and monthly average balances, taking into account situations like missing data, new accounts, or closed accounts. The following functions are also supported:

• Period to date (month) average values of instrument-level accounting balance.

  Note:

  Currently, only monthly averages are supported. Quarter-to-date and year-to-date averages will be introduced in future releases.
• Revaluation of instrument-level accounting balance
• Currency translation of instrument-level accounting balance as a part of the period balance

Table 7-11 Execution Parameters

Parameter	Description
MIS Date	Business date for which balances are to be computed. The selection type is a Single Select.
Data Source	Source system providing account data. The selection type is Multi Select.
Product Processor	Application that processes the product/account. The selection type is Multi Select.

Note:

For more information on execution of PMF log, see Steps for Execution.