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)