Loans > Loan Screens > Account Information Screen Group > Account Detail Screen > Statistics tab > Average Balances tab

The fields in the Daily & Lifetime Information field group on the Average Balances tab display the three fields discussed in the table below.

dailyinfolaiad

Field	Description
Daily Interest Accrual Mnemonic: AVIADY	This field displays the daily accrued interest (per diem). This amount is calculated daily. See also the Average Balances tab for an overview of how this interest is used.
Lifetime Principal Average Mnemonic: AVPLIF	This field displays the lifetime average principal balance of the loan and is calculated at monthend. This amount is calculated by adding every monthly average and dividing that amount by the total number of months.
Times Late Charge Waived Mnemonic: AVTLCW	This field displays the total number of times a late charge has been waived during the life of the loan.

Field

Description

Daily Interest Accrual

Mnemonic: AVIADY

This field displays the daily accrued interest (per diem). This amount is calculated daily.

See also the Average Balances tab for an overview of how this interest is used.

Lifetime Principal Average

Mnemonic: AVPLIF

This field displays the lifetime average principal balance of the loan and is calculated at monthend. This amount is calculated by adding every monthly average and dividing that amount by the total number of months.

Times Late Charge Waived

Mnemonic: AVTLCW

This field displays the total number of times a late charge has been waived during the life of the loan.