Loan Interest Accrual Calculator - Accrual Details
| Screen ID: | IINTCA-02 | 
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| Screen Title: | Interest Accrual Calculator | |
| Panel ID: | 324 | |
| Tool Number: | Multiple | |
| Click here to magnify |
This screen appears when using Calculation Details (F1) on the initial Interest Accrual Calculator screen.
The top half of this screen shows the parameters used by CU*BASE to calculate interest accruals for this loan account. These are taken from the account and the loan product configuration.
The bottom half of the screen shows a sample calculation for one day, to demonstrate how the mathematical calculations are done. Use the formulas shown when replicating the calculation manually for verification.
NOTE: An asterisk (*) represents the multiplication symbol (x). A slash (/) represents the division symbol (รท).