Description
Label a ledger entry's supplied interest convention.
Historical economic records depend on archival wording, accounting signs, local units, assigned values, denominations and date precision. A wage-day ratio is a comparison of supplied amounts rather than actual labor time. Preserving an account-year label or unit factor does not authenticate a historical price, practice or legal obligation.
Label a ledger entry's supplied interest convention.
When to use this tool
Use Archival Interest Simple Compound Label when you already have entryId, interestConvention and need to label a ledger entry's supplied interest convention.
How to use the tool and how it works
- Enter entryId, interestConvention. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read label. Use the output convention below.
Require entryId nonempty and convention simple/compound/unspecified; append the bracketed label.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| entryId | Entry Id | Required. Text; minimum UTF-16 length 1; maximum UTF-16 length 8192. |
| interestConvention | Interest Convention | Required. Text; one of "simple", "compound", "unspecified"; maximum UTF-16 length 8192. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| label | Label | Required. Text; maximum UTF-16 length 8192. |
{
"input": {
"entryId": "E17",
"interestConvention": "simple"
},
"output": {
"label": "E17 [simple]"
}
}Limitations and assumptions
- No interest is calculated, historical practice inferred or loan obligation validated.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
Alternative or Complementary methods
Consult the original ledger, archive and historical unit or monetary definitions when reconstructing an account. Reconcile period, commodity quality, currency and source corrections before comparing values; local labels and supplied conversions preserve only their declared assumptions.
References
Similar or alternative tools
- Archival Budget Account Year Label
Label an archival budget title with supplied account-year wording and reference.
- Archival Price Denomination Factor
Convert a recorded archival price to supplied reference denomination units.