Article Details

Id:	11532
Product:	finPOWER Connect
Type:	FIX
Version:	2.00.01
Opened:	15/11/2013
Closed:	15/11/2013
Released:	20/11/2013
Job:	J012528
High Importance

Interest Calculations; may charge negative Interest

If an Account has an overall Debit balance, but the allocations have a positive Non-Interest Bearing greater than the Balance, and therefore a negative Interest Bearing balance, then negative interest is calculated and charged.

Note, if the Account has a Credit balance overall it works as expected.