Compound interest- Bonds

[Former Member]

Dear  Experts,

Our  client is purchasing  Fixed interst Bonds(04I) on Compound interest Basis.

Can  some one please  provide complete  config and process steps.

please provide specific update types used for caluculating  the compound interest.

Regards,

Naidu

[former_member198450]

Dear Naidu,

Once create normaly transaction in 04I it will automatically pick standard update type.

Please try it, It will be working perfectly.

Regards,

Jain

[prasadraju]

Hi Jain,

what are the conditions need to config for compound interest calculation?

[former_member198450]

Hi,

Here is sample i have done in my system.

Regards,

Jain

[prasadraju]

Hi Jain,

please can you share the complete scenario of Compound interest bond.

[prasadraju]

Dear Jain,

i tried as suggested above but looks compound interest not calculating its giving same sample annual interest. please advice.

[former_member198450]

Hi,

Please share master data condition tab?

Regards,

Jain

[prasadraju]

Hi Jain,

PFA and do the needful.

in second screen we are not able to find the option Annual interest settlement

[prasadraju]

Hi Jain,

please advice and do the needful.