interest is added on the company settings.
Default Settings 2 - add the annual interest rate to be added to debtors on the interest run (manual Process) annual rate means if you want to add 2.5 per month you take 2.5 multiply with 12 = 30
to run interest the user must go into Debtors - Interest charging and follow the interest charging wizard:
Filter out accounts to not be included in the interest run. all accounts in the list will be charged with the interest amount shown.
Process to post the interest.
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