Description
Add clean and accrued for dirty, then subtract accrued for recoveredClean.
Financial accounting arithmetic tracks amounts, balances, fees and allocations on a declared currency and sign basis. An algebraically consistent result does not authorize a transaction or establish an amount legally due.
Add clean and accrued for dirty, then subtract accrued for recoveredClean.
When to use this tool
Use Accrued Interest Dirty Clean Roundtrip when you need a specified monetary balance or allocation calculation.
How to use the tool and how it works
- Enter clean, accrued. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read dirty, recoveredClean. Use the output convention below.
Add clean and accrued for dirty, then subtract accrued for recoveredClean.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| clean | Clean | Required. Finite number. |
| accrued | Accrued | Required. Finite number. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| dirty | Dirty | Required. Finite number. |
| recoveredClean | Recovered Clean | Required. Finite number. |
{
"input": {
"clean": 98.5,
"accrued": 1.25
},
"output": {
"dirty": 99.75,
"recoveredClean": 98.5
}
}Limitations and assumptions
- Signed inputs are accepted. Binary floating-point cancellation can affect roundtrip equality; accrued interest, price basis and actual settlement are not independently 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.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Reconcile source ledgers and governing agreements using the intended currency precision and accounting policy. Include omitted fees, tax, timing and legal requirements before acting on a result.
References
Similar or alternative tools
- Finance: Settlement Clean Dirty Price Difference
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- Finance: Coupon Accrual From Explicit Day Counts
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