[OASIS Issue Tracker] Updated: (OFFICE-3431) Add text to state thesign convention for annuity cash flows.

[OASIS Issues Tracker <workgroup_mailer@lists.oasis-open.org>]

     [ http://tools.oasis-open.org/issues/browse/OFFICE-3431?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Robert Weir  updated OFFICE-3431:
---------------------------------

    Proposal: 
In 6.12.1 General add a new paragraph

Financial functions defined in this standard use a cash flow sign convention where outgoing cash flows are negative and incoming cash flows are positive.

  was:
In 6.12.1General add a new paragraph

Financial functions defined in this standard use a cash flow sign convention where outgoing cash flows are negative and incoming cash flows are positive.


> Add text to state the sign convention for annuity cash flows.
> -------------------------------------------------------------
>
>                 Key: OFFICE-3431
>                 URL: http://tools.oasis-open.org/issues/browse/OFFICE-3431
>             Project: OASIS Open Document Format for Office Applications (OpenDocument) TC
>          Issue Type: Sub-task
>          Components: OpenFormula
>    Affects Versions: ODF 1.2 CD 05
>            Reporter: Robert Weir 
>            Assignee: Robert Weir 
>
> I corresponded further with the author of the parent public comment.  The confusion appears to stem from different sign conventions used in different disciplines (e.g., economics versus accounting).  Although our sign convention is inherent in our formulas, it is probably worth stating the convention explicitly.

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