I have the concern about the consolidating the accrual amount.
For instance I have an FD starting on 01/01/2012 maturing on 31/03/2012. The total interest is 300/- which needs to be paid on the date of maturity.
I need to run the accruals on every month end. When I am executing the accruals for the month of JAN,FEB & March the system is posting accruals 100/-, 100/- and 100/- respectively./-.
But we have the requirement that When I am executing the accruals for the month of JAN,FEB & March the system has to post the accruals 100/-, 200/- and 300/- respectively..
For the month of JAN, the accrual is 100/- i.e. Jan accruals
For the month of FEB, the accrual is 200/- i.e. Jan + Feb accruals
For the month of MAR, the accrual is 300/- i.e. Jan + Feb+March accruals
Please let me what sort of config nees to be done to get the consolidated amount for accruals!!!