ID
|
It displays the ID for this
interest rate.
|
Round monthly
interest rate
|
This checkbox is available only for the conform type of interest.
- If checked, the monthly interest rate will be calculated for the
whole year and added to the annual interest rate, resulting in an
aggregate annual interest rate for the selected period, rounded to two
decimal places (e.g. interest on arrears).
- If unchecked, the monthly interest rate is not rounded (e.g.
contractual interest).
See also Monthly Interest Rate Rounding.
|
| Type |
Here you can select the type of interest rate:
- C - Conform - kar istocasno pomeni, da se z uporabo te
tabele obrestnih mer uporablja konformni nacin obrestovanja.
- P - Proportional - oziroma nominalna obrestna mera, kar istocasno
pomeni, da se z uporabo te tabele obrestnih mer uporablja
proporcionalni (navadni) izracun obresti.
|
Description
|
Here you can enter any given description of the interest rate table.
|
Valid From
|
It displays the start period date from which on
(including) interest rates are valid.
|
Basic interest
rate
| Here you
can enter the MONTHLY interest rate. It is used in interest calculation
from including the first to the last date of the current month.
You are allowed to enter the data with maximum of 6 decimal points. It
is displayed in two decimal points.
|
Nominal interest rate
|
Here you can enter the ANNUAL interest rate.
It is used in interest calculation from including the first to the last
date of the current month.
If the nominal interest rate is fixed for use in a specific report (it
does not alter by periods), you can enter this interest rate directly in
the custom calculation of interest. In this case:
- the basic interest rate that can be found in the table is used in
conform interest bearing, the basic interest rate from
the table is used (see description above), the nominal interest rate rom
this column is "skipped" in calculation and the entered annual interest
rate is used instead.
See also example in topic Rounded and
Unrounded Monthly Interest Rate.
- on the other hand the entered nominal interest rate is used in
proportional (regular) interest bearing.
You are allowed to enter the data with maximum of 6 decimal points. It
is displayed in two decimal points.
|
| By clicking this
button a report for the entered interest rate table is created.
|
| Besides general functions you can find
in the wizards menu (see
Wizards)
some othe functions used with the interest rate table:
Copy
Calculate basic interest rate
|