Interest post Maturity; new option to charge 0% normal Interest post Maturity

For Fixed Term loans there is a new option to charge 0% Interest when the Loan is post Maturity. Default Interest will still be charged.

This option is found under Account Types, Interest Options page.

If the Default Interest Rate is a "Fixed" rate, and because the normal Interest Rate is charged at 0%, it will now be charged at the full Rate, not the net Rate difference.

Note, the Account Key Details and Financial summary pages have been updated if the Default Rate is a Fixed Rate and this option is checked. Whereas it was stating "Fixed at 30% (charging 10%)", it now adds "Post Maturity charged at 30%".

The built-in script "SummaryPage_Account_KeyDetails" has been updated to Version 1.09 (21/05/2012).
The built-in script "SummaryPage_Account_Financial" has been updated to Version: 1.06 (21/5/2012).