Difference between FLOW TYPE & CONDITION TYPE

[Former Member]

Hi ,

What is the difference between Flow type and Condition type.

Thanks,

Srikanth

[rohit_jain2]

Hi Srikanth,

Adding to Venkateshwara above,

Conditions are unique calculation rules for flows, and they are used for flows that occur on a regular basis.

Flow types refer to transfer of an amount between different accounts on a specific date. The transfer can be external or internal (like accrual). All flows together represent Cash Flow.

Best,

Rohit

[Former Member]

Here my doubt is why they have  repeated the same conditions under flow types and condition types in Money Market.

1120- full repayment upon maturity,

1150- interest capitalization

1200- nominal interest

Thanks,

Srikanth.