Bug #1515
open
Interest calculation formula needs to be changed.
Added by Krishna Kanth A 5 months ago.
Updated 2 months ago.
Description
Interest calculation to be made as below.
1) A Table (Name: BankIntRates) needs to be created with 2 columns, FYear int and AvgAnnIntRate float.
2) When Calculate Interest rate is clicked on Manage IPC page, find the No. of days for each Year starting from "Over Due Days" until payment Date.
3) Interest rates are to be taken from BankIntRates Table for the Respective Year.
Kindly refer to the attached Excel file for Interest Calculations.
Kindly refer to the 2 attached image files for the columns that are to be Replaced in the Manage IPC Screen in CMS Application.
Files
- Project changed from Service Desk to NRFA
- Subject changed from 1516 to Interest calculation formula needs to be changed.
- Assignee set to Durga Konduru
Interest calculation formula needs to be changed.
Response: Interest will be calculated as per the attached template and given along with monthly build.
- Description updated (diff)
- Description updated (diff)
- Description updated (diff)
- File Interest Calculation Template.xlsx added
- File Interest Calculation Template.xlsx added
- File RDA-CMS Training and comments 21-11-24.docx added
- Description updated (diff)
- File deleted (
Interest Calculation Template.xlsx)
- File deleted (
RDA-CMS Training and comments 21-11-24.docx)
- Assignee changed from Durga Konduru to Bhanuchander Sannidhanam
- File deleted (
Interest Calculation Template.xlsx)
- Assignee changed from Durga Konduru to Bhanuchander Sannidhanam
- Status changed from New to In Progress
Interest calculation is done for all the IPC’s for the contract and added total interest against single IPC.
Interest calculation for partial payment IPC ‘s is not displaying in Interest calculation link screen.
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