Article Details
Id:8316
Product:finPOWER Connect
Type:NEW
Version:1.03.00
Opened:15/06/2010
Closed:12/11/2010
Released:24/03/2011
Job: J005788
Breaking Change

Account Close wizard; Option to now charge Interest even if currently suspended

In the Account Close wizard there is now an option to charge Interest, even if it is currently suspended.

Both the Accrued Interest and Accrued Default Interest fields on the "Update Accruals" page now include a checkbox "Charge?" - which defaults checked. The Default Fees field already has a checkbox.

If one of these items is suspended the caption changes to "Charge (currently suspended)?" and the checkbox will default unchecked. You can then check the checkbox to charge Interest.

Note, the field hint will show the Interest value when unchecked, and when you check the Charge checkbox it will default to this value.