Revenues resulting from company checks and P. Notes are listed under the Rediscount Report (Company Checks / P. Notes) heading. While the loss of value resulting from the due dates of customer checks and P. Notes is recorded as an expense, the interest revenue resulting from future payments of company checks and P. Notes is recorded as revenue.
The report is generated after the selections made on the filter lines. The interest rate applied to the calculation is specified on the Rediscount Interest Rate filter line as in the Rediscount Report (Customer Checks/P. Notes). The calculation date is specified on the Reference Date line. The filter options used in the Company Checks and P. Notes Rediscount report are:
Filter |
Value |
Listing |
By Due Date / By Number |
Rediscount Interest Rate |
Value entry |
Last Transaction Date |
Date entry |
Rediscount Date |
Date entry |
Check / P. Note Portfolio No. |
Group / Range |
Check / P. Note Serial No. |
Group / Range |
Due Date Range |
Start / End |
Auxiliary Code |
Group / Range |
Division |
Defined divisions |
Subtotal |
No Subtotal / Daily / Weekly / Yearly |
Type |
Company Check / Company P. Notes |
Amount Interval |
Value entry |
Currency |
Currency types |
Number of Days of a Year |
360 / 365 |
Rediscount Calculation Method |
Simple Interest / Compound Interest |