Skip to Content
Former Member
Aug 25, 2009 at 07:15 AM

Compound Interest-Project


Hi Sirs ,

I have 2 Intrest Profiles.For one Profile the Compund and Simple Interest Both are calculated on the Monthy Balance..Where as for the other only Simple intrest is being calculated.

I Have checked most of the Configs from PS end and found no significant difference in both.

The only difference i found was in the "Define time dependent term" where the one which gives Compound intrest has effective date from 07/2009 and the one which does not has from 04/09. can this be a reason

What could be the reason for the same.

Thanks in advance