Account Interest Base Rate Browse
Purpose
To provide a list of Interest Base Rates that have been established
Access
- Account | Edit/View Account Interest Base Rates
- [F2] Lookup on Interest Base Rates field within an Interest Profile Transaction Detail
Search Criteria
Related Articles
Account Interest Base Rate Details
Purpose Finance companies can tie their published interest rates to a benchmark rate plus a margin. The benchmark rate is referred to as a base rate. The advantage of using base rates is that when a rate changes, it need be updated in one place only, ...Post Interest Rate Change Notification
Purpose To Post Future Rate Changes on Variable loans for both Future and Current ledger interest rate changes, create direct debit schedules and create communications to be sent to the account holder. Prerequisites A backup should always be taken ...Account Interest Profile Browse
Purpose To provide a list of Interest Profiles that have been established Access Account | Edit/View Account Interest Profiles [F2] Lookup on Interest Profile field from anywhere in the system. On some dialogs there may be a section distinction ...Variable Loan Interest Rate Change Notifications
Purpose To automate the process of creating interest rate change advice notices with updated calculated values. The system will: Generate a list of accounts affected by a rate change percentage Create communications advising the change of rate Allow ...Account Interest Profile Transaction Details
Purpose Interest profiles may contain any number of interest profile transaction lines. Each transaction line may be associated with a base rate. The combination of a base rate and an interest profile transaction line margin rate creates the interest ...