Article Details
| Id: | 13950 |
| Product: | finPOWER Connect |
| Type: | NEW |
| Version: | 3.00.01 |
| Opened: | 01/04/2016 |
| Closed: | 13/07/2016 |
| Released: | 10/08/2016 |
| Job: | J017175 |
 High Importance |
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Interest Transactions; new option on Account Type to show/ hide Zero value Interest Transactions
There is a new option on Account Types to show/ hide Zero value Interest Transactions. This setting is found on the Interest Options page and the default is to show these Transactions.
You should consider unchecking this option for Precomputed Interest Loans where Interest is charged upfront and for SACC Loans in Australia.
NOTE: This is a change in behaviour for Precomputed Interest (Charged Upfront) Loan Accounts.