1. Loan Servicing User Guide
  2. Appendix : Transaction Parameters
  3. Monetary Transactions
  4. Interest Accrual

A.1.16 Interest Accrual

You can start or stop interest accrual on a Loan.

On the Loan Details screens, Stop Accrual box is selected in Interest and Accruals section.

Figure A-18 Interest Accrual


Description of Figure A-18 follows
Description of "Figure A-18 Interest Accrual"

To remove Stop Accrual indicator, post the start ACCURAL transaction.

Table A-31 To start interest accrual for an account

Transaction Parameters
Start Accrual Txn Date

Table A-32 To stop interest accrual for an account

Transaction Parameters
Stop Accrual Txn Date

Parent topic: Monetary Transactions