{"id":"acct-intercompany-loan-interest-lines","audience":"accounting","category":"finance-work","track":"finance","technique":"verification","level":"intermediate","title":"Calculate intercompany loan interest and both entity entries","free":false,"task":"You're calculating quarterly interest on an intercompany loan. Write a prompt for plain text with lines starting \"Daily interest:\", \"Days:\", \"Quarter interest:\", \"Entity A:\" and \"Entity B:\". Use simple interest on a 365-day basis. Entity A is the lender and Entity B the borrower; each of the last two lines says which account is debited and credited. Don't mention a 360-day basis or transfer pricing. Under 90 words. No bullets or numbering.","materialLabel":"Loan terms and accounts (attached to your prompt automatically)","material":"INTERCOMPANY LOAN - Q4 2026 interest, Delmar Systems\n\nLender: Entity A (US). Borrower: Entity B (UK).\nPrincipal: $100,000, unchanged during the quarter.\nInterest rate: 5.0% per year, simple interest.\nPeriod: Oct 1 to Dec 31, 2026 (92 days).\nDay-count basis per the loan agreement: 365 days.\n\nAccounts:\nEntity A: 1350 Intercompany Interest Receivable; 7200 Interest Income\nEntity B: 6900 Interest Expense; 2350 Intercompany Interest Payable\n\nNotes: a staff member suggested using 360 days because 'that's what banks do'; the agreement says 365. Whether the rate is arm's length is handled by the tax team and is not part of this calculation.","rules":[{"type":"plainText"},{"type":"maxWords","max":90},{"type":"maxBullets","max":0}],"promptHints":[{"label":"Names the five lines","patterns":["daily interest","days:","quarter interest","entity a","entity b"]},{"label":"Uses 365","patterns":["365"]},{"label":"Gives the accounts","patterns":["1350","7200","6900","2350"]},{"label":"Bans side topics","patterns":["(do not|don'?t).*(360|transfer pricing)"]},{"label":"Caps length","patterns":["\\d+\\s*words","plain"]}],"mistakes":[{"title":"Using 360 days","why":"The AI uses 360 and gets $1,277.78.","fix":"Say: \"Day-count basis is 365 per the agreement.\"","checks":["r2"]},{"title":"Mentioning transfer pricing","why":"The AI adds a caveat about arm's length rates.","fix":"Add: \"Do not mention a 360-day basis or transfer pricing.\"","checks":["r2"]},{"title":"One-sided entry","why":"The AI books only the lender's entry.","fix":"Add: \"Entity A and Entity B each get Dr and Cr lines for the same amount.\"","checks":["r2"]},{"title":"Markdown extras","why":"The AI adds bold labels, headings and a closing note.","fix":"Say: \"Plain text, no bold. Output only the lines asked for.\"","checks":["plainText","maxBullets","r0","r1"]},{"title":"Trusting the AI to count words","why":"AI is bad at counting and runs past word limits.","fix":"Ask for fewer words than the real cap and keep each line short.","checks":["maxWords"]}],"hint":"A day-count basis and two sides of an entry. State the basis, the formula, the accounts and the bans.","rubricLabels":["The line starting \"Daily interest:\" shows $100,000 x 5.0% / 365 = $13.70 and the line starting \"Days:\" shows 92","The line starting \"Quarter interest:\" shows $100,000 x 5.0% x 92 / 365 = $1,260.27","The lines starting \"Entity A:\" and \"Entity B:\" show Dr 1350 / Cr 7200 and Dr 6900 / Cr 2350 for $1,260.27, and the output never mentions 360 days or transfer pricing"]}