5.1.9 Effective Interest Rate

This topic provides the instructions to capture the effective interest rate.

The effective interest rates applied for the contract through the Effective Interest Rate screen.
Specify the User ID and Password, and login to Homepage.

Navigate to Bills and Collection Contract Detailed screen.

  1. On the Bills and Collection Contract Detailed screen, click Effective Interest Rate.
    Effective Interest or Profit Rate screen is displayed.

    Figure 5-10 Effective Interest or Profit Rate


    Description of Figure 5-10 follows
    Description of "Figure 5-10 Effective Interest or Profit Rate"

    Note:

    In this screen view the Effective Interest Rate and the date from which interest rate is effective.