4.7 Online Interest Calculation

This topic describes the systematic instructions to online interest calculation.

The Online Interest Calculation screen allows users to view the interest accrued on a Single account or Multiple accounts, based on input details.
  1. Click Corporate Account Enquiries, and under Corporate Account Enquiries, click Online Interest Calculation.
    The Online Interest Calculation page displays.

    Figure 4-46 Online Interest Calculation


    Description of Figure 4-46 follows
    Description of "Figure 4-46 Online Interest Calculation"

  2. Specify the fields on the screen.

    Table 4-24 Online Interest Calculation - Field Description

    Field Description
    Account Select the required account type. User can select from the following options:
    • Single
    • Multiple

    Note:

    The Account Number field displays only when user select the Single Account type.

    Customer Number All the active customers should be listed.
    Customer Name Customer name should be displayed based on the customer number selection.
    Multi Currency Account Enable this feature to filter the multi currency account.

    Note:

    This field displays only when user select the Single Account type.

    Account Number Specify the Account number.
    Account Currency Select the required currency from the drop-down list. Alternatively, type to narrow the listed items and select the required currency.

    Note:

    This field displays only when Multi-Currency Account is enabled.

    From Date Specify the start date of the interest calculation.
    To Date Specify the end date of the interest calculation.
  3. Click Search.
    The system will calculate and display the interest amount for the selected accounts based on the From and To date range specified.

    Figure 4-47 Interest Calculation Details


    Description of Figure 4-47 follows
    Description of "Figure 4-47 Interest Calculation Details"

    Table 4-25 Column Description table

    Column Description
    Account Number Displays the account number.
    Currency Displays the operating currency of the account.
    Product Displays the product.
    Formula Number Displays the formula number.
    Tax Displays the tax.
    Debit Or Credit The type of transaction, Debit or Credit.
    Amount The amounts are displayed for each respective currency.

Parent topic: Corporate Account Enquiries