Download Interest and Charges User Manual

Note
You can query or modify the account details of the customers whose accounts are permitted to you for the query/modification in the ‘Group Code Restriction’ screen.
You can specify th following details here:
Reference Number
The system displays the reference number.
Branch Code
The system displays the code of the current branch.
Date Of Liquidation
Enter the date for which you want to liquidate interest. Interest for the accounts that you
specify, will be liquidated from the last liquidation date up to the date that you enter here.
The system defaults to yesterday's date.
Refresh Rated from H.O.
Indicate that you would like to apply the latest interest rates (maintained in the Head Office)
on an account that you are liquidating by checking this box. If you do not check this box, the
system will use the interest rates that were last propagated by the head office (to calculate
interest for the account being liquidated).
12.3.1
Select Product Code
You can choose to liquidate interest for

All products

Selected products
Click on the buttons adjacent to each option to indicate that you would like to liquidate interest
using the option.
Using these options in conjunction with the options in the ‘Accounts To Liquidate’ field, you
can liquidate interest for

All accounts linked to all products (that is, for the branch)

All accounts linked to selected products

Selected accounts linked to all products

Selected accounts linked to selected products

Selected account classes linked to all or specific products
Depending on your selection criteria (in conjunction with the ‘Accounts To Liquidate’ field), a
list of products will be displayed.
For example, if you choose to liquidate interest for ‘selected accounts’ and ‘all products’, a list
of all authorized products will be displayed. When you choose a product, all the authorized
accounts linked to the product will be displayed. Interest for the accounts that you choose will
be liquidated.
12-3