Accrued Interest

For local communities, Fairways Debt uses the calculation basis of each loan to calculate accrued interest. For hospitals, Fairways Debt uses the 30/360 basis for all loans, according to M21 instruction.

 

Log In to Fairways Debt
  1. Log in to Fairways Debt.
  2. Load the relevant customer account.

 

Generate an Accrued Interest Analysis
  1. Navigate to Analyses > Accrued Interest.

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  1. Configure the analysis settings.

Field

Description

Period

Period taken into account for the data.

View

Transactions to include in the computation.

Type

Interest type.

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The analysis updates following the selected settings.

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  1. Enable/Disable the computation of the accrued interest to display the relevant analysis.
  2. Click Save.

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The analysis updates following the selected settings.

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  1. Click Excel to export the table data.

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Data are exported to an Excel file.

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