Loan Interest Accrual Calculator - Accrual Details

Screen ID:	IINTCA-02
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 (´). A slash (/) represents the division symbol (¸).