Account Terms
Date of Account Information: Definition
The date as of which the account information is reported.
Definition
Date of Account Information indicates the as-of date for the reported account data. This is typically the statement closing date or month-end date. All balance and status information should reflect the account condition as of this date.
Examples
01312025 = January 31, 2025
Usage Notes
- Must be within the current reporting period
- Should be consistent month to month
- All account data should reflect this date
Related Metro 2 Fields
Related Terms
More Account Terms
Account Status
A code indicating the current condition of an account.
Account Type
A code specifying the type of credit account.
Account Number
The unique identifier assigned to a credit account.
Amount Past Due
The total amount currently overdue on an account.
Current Balance
The total outstanding balance on an account.
Credit Limit
The maximum amount of credit available on a revolving account.
Highest Credit
The highest balance ever recorded on the account.
Original Loan Amount
The initial amount borrowed on an installment account.
Simplify Credit Reporting
Metro2 software handles all the complexity of Metro 2 format compliance, so you can focus on your business.