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Former Member

Vendor/ Customer Interest Calculation

Hi All,

Client requirement is to calculate interest on vendors and Customers. Interest should be calculated on Term loans and Inter Corporate Deposits. They need 2 different interest indicators. I have done the required config, my doubt is that while assigning the accounts to account symbols, can I maintain 2 different GLs (GLs created for Interest) for account symbol 0002 (in case of vendors) for 2 different interest indicators.

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