Skip to Content
0
Former Member
Mar 08, 2010 at 08:03 AM

Loan Interest calculation( deduction) after closed

13 Views

Dear Gurus,

Please Advised i want to deduct Loan interest after loan closed.

Eg-one employee loan period from 01.01.2009 to 31.10.2009 amount is 10000. Every month i deduct 1000 rs from monthly.

My client want the 5% interest deduct after the loan closed. mean next two months 01.11.2009 to 31.12.2009.

Please Advised how to deduct the loan interest after closed the Loan.( Next two, three months)

Please Advised

regards

MHPO