Article Details
Id: | 13197 |
Product: | finPOWER Connect |
Type: | NEW |
Version: | 2.03.02 |
Opened: | 04/08/2015 |
Closed: | 12/08/2015 |
Released: | 01/09/2015 |
Job: | J016026 |
finAccountCalc Business Layer object; InterestOverrides collection now available outside of Conversions
The InterestOverrides collection of the finAccountCalc Business Layer object is now available for Quote Accounts. Previously this was only available when running conversions.
This collection allows Interest values to be overridden to any value. It is normally used to tweak Interest up or down one cent to match external data.
Typically this collection will be created in the "CalculatePaymentPre" and "CalculateTermPre" script events.
WARNING: This should be used with extreme caution.
- Only applies to "Quote" Accounts.
- Make sure the dates in the collection match those in the Interest Schedule. Only those items dated the same day as Interest transactions will be used.
- Any Interest value overridden is audited via the finAccountCalcDays.InterestOverridden property (it will be set to True).
- For Precomputed Loan Accounts, this may make the Interest Rate invalid.
- For Non-Precomputed Accounts, Overrides only apply to the Opening Schedule and actual Interest will be charged at the Interest Rate defined.