NEW3.00.01 · Released 10 August 2016
High Importance
NEWfinPOWER Connect
Released in
3.00.01
10 August 2016
- Opened1 Apr
- Closed13 Jul
- Released10 Aug
Article 13950
Job J017175
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.