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SEEP FRAME TOOL
TOOL: http://www.seepnetwork.org/section/frame/frametool/_intermediate
Documents: http://www.seepnetwork.org/content/library/
Some interesting issues
- Recovery of written off loans
- Now back in loan loss provision group
- No longer in "extraordinary income"
- Short term vs long term liabilities
- 12 months or less is short term
- savings as typical liability
- Subordinated debt not yet in FRAME tool
- Donations/grants from donors
- Recognizing the income at the bottom of the I-E statement
- Recognized as surplus --> move to Equity * Talk about adjustments later
- In FRAME tool, allows for three years of data to be stored. This is problematic as it indicates Excel as a storage container, and therefore authoritative source of data. It is also problematic because the options for frequency means that data-input would have to be offered in three formats (monthly, quarterly, annually) via kind of switch.
- PAR calculations
- Sometimes regulated - the periods and the "weight" or "reserve rate %" per category (1-30, 31-60, 61-90)
- Loan loss reserve (allowance for bad debt) - This can be applied monthly, quarterly, annually - non-cash transactions
- Provisioning is an income event, reserve and portfolio movements are the balance sheet resulting from writing off loans
-- Main.jdailey - 23 Oct 2006
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