The Date field on a cash flow line shows when the Event takes place. It also specifies when interest starts to accrue for the Period. The Date represents the date of a single Event or the date of the first Event in a series. The last Event in a series is indicated by an End Date on the cash flow line.
You can enter events out of order if needed. TValue will accept dates in any order. The events must be sorted, however, before calculations can be done or an amortization schedule can be produced.
To enter the Date for a cash flow line
- [Tab] to or click in the Date field.
- Type the date in any of the following formats: 061501, 6-15-01, or 6/15/01. You can also type the year in four digits such as 2001. TValue adds the separators that are defined in your Windows Control Panel after you move to the next field.
Tip: Alternatively, click the Calendar button to the right of the Date field. A calendar pops up where you can select the date. - Press [Tab] or [Enter].
Notes:
- The default Date on the first cash flow line will be the current system date. Default dates on later cash flow lines will be one payment period after the End Date on the previous line or one compound period later if no payment period has been established.
- The Date of the second cash flow line is set by default to one payment period after the Date of the first cash flow line. You can change this behavior and have the Date on the second cash flow line default to the same Date as the first cash flow line within the Cash Flow view of the TValue Options dialog which is accessed by choosing Options from the File tab's menu and then choosing the Cash Flow button from the menu on the left.
- The start Date for a Rate Change Event will default to the End Date of the previous cash flow line.
To enter dates out of order
- Enter events in any order. An alert box appears when you enter dates out of order - click OK to allow entry of dates out of order.
See also