Wrong Prorate convention is provided. How to change this to new convention?
Hi
Wrong prorate convention is provided which is "Full in the month of Addition none in the month of Retirement". New prorate should be on Daily basis calculation. How to change the convention. System is new and no depreciation is yet run on the system. Please provide the solution or alternatives. How do I define Daily Prorate Calendar and Daily prorate conventions. My FA Calendar is monthly basis.
Its urgent please.
Regards
Jamil