How do I move the interest collection date using adjust events?
This function is available for loans and is accessed by selecting Adjust Events and selecting the Move interest collection date function.
It is common for an interest rate that starts to apply from a certain date to have been taken from an earlier one date.
It is common for an interest rate that starts to apply from a certain date to have been taken from an earlier one date.
How many days pass between Date and Interest is collected can be adjusted by moving the interest collection day.
The function gives you the opportunity to choose the number of days between Date for the event type Interest binding and the date when Interest is collected.
The function gives you the opportunity to choose the number of days between Date for the event type Interest binding and the date when Interest is collected.