Account Based Report (EIR)

This report shows an effective interest rate (EIR) at an account level. This shows both origination EIR and As of Date EIR. The report is sorted based on account numbers. Users can select Customer ID or Account Number in the global filters to get data about the respective account. These reports can be viewed as Standalone or Consolidated reports.

The As of Month must be selected in the global filter, which refers to the month-end date. In the report, As of Date column represents the month-end date or the date when an account undergoes modification or derecognition.

Figure 7-80 Account Based Report EIR

Use cases involving complex scenarios like modification, derecognition, and partial sale are addressed through the effective yield amortization. Consequently, the following columns will populate values only when the effective yield amortization is selected;

• Effective Interest Rate Used For Amortization
• EIR Interest
• EIR Interest Adjustment
• Count of Modification Event
• Modification Gain/Loss
• Derecognised Account
• Count of Derecognisation Event
• Extinguishment Gain/Loss
• Modification Gain/Loss Adjustments
• Modification Gain/Loss Balance
• Modification Gain/Loss_MTD
• Extinguishment Gain/Loss_MTD
• Current Unwinding Interest
• Unwinding Interetst Till Day
• Unwinding Interest Adjustment
• OCI Accumulated Balance
• Final Amortised Cost
• Proportional Amortised Cost Sold
• Gain/Loss on Sale
• OCI Balance Adjusted
• Final OCI Accumulated Balance
• ECL Interest after PL Impact
• Amortized Cost Adjustment