Post Default Interest on Variable Loan Accounts
Purpose
This
process posts default interest to all accounts with an interest due date up to
and including the date specified on the process dialog. Interest will be posted
according to the rules specified on each accounts 
dialog.
Timing
Interest
cannot be posted in advance of today’s date. Any module month end rollover must
be completed prior to posting any interest for a new month.
Access
- Variable Loan | Post Default Interest on Variable Loan Accounts
Process
Enter the value date, this will default to Todays Date
This should be changed to Yesterdays Date
Results
Interest
transaction(s) are posted to the accounts. These can be viewed in the Account Transaction Browse.
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