Maintain Interest Intervals {FBLC-22}


With this option the interest periods for the different interest intervals must be defined.  The code and sequence columns are populated by ITS and cannot be changed by the user.  The start and end dates of the periods must be entered.  The last date on which an interest calculation was performed is stored in the “Calculation Date” field.
 

Fields in the option:

 Panel box
1:  Interest Intervals

Processing Rules for this Block (delete if not applicable).


Field Type
&
Length
Description
Code A1 These codes are provided by ITS.  It determines whether interest must be calculated (Y)early, per (S)emester, (Q)uarterly  (M)onthly or (N)o Interest. 
Sequence  N2 The sequence of the interest periods.
Interest Period Start Date  DD-MON-YYYY Interest Period Start Date  ()  The start date for the (Y)early ­interest interval must be specified. The system then calculatesthe start dates for all other interest intervals. These dates cannot be updated except for the start date of (N)o interest which can be specified
Interest Period End Date DD-MON-YYYY The end date for the interest period is calculated by the system and cannot be updated except for the end date of (N)o interest which can be specified.
Calculation Date DD-MON-YYYY The date on which the last interest calculation was performed for the specific interest period.  This date is updated by option {FBLO-24}.

 

Example:

fblc-22b1p1i2.jpg



Processing
Rules
 
  No special processing rules


See Also:



History Of Changes

Date System Version By Whom Job Description
16-Oct-2006 v01.0.0.0 Amanda Nell t133701 New manual format.
18-Sep-2007 v01.0.0.0 Charlene van der Schyff t137175 Proofread by ITS system owner not done.
21-May-2014
v04.0.0.0
Nokuthula Mafenuka
t196566
Add new image
18 Feb 2016
v04.0.0.0
Farai Mukwambo
t196566
Changed Block to Panel box. Udated image