Year End Process for Running the Daily Simple Interest Accrual Update Event

Year End Process for Running the Daily Simple Interest Accrual Update Event

On December 31st or your last business day and you service Daily Simple Interest loans, you will need the accrued through date to be the last day of the year; example: 12/31/2017.
Open Event Manager, select view
Select recurring instance
From Scheduled Instances list, highlight the Daily Simple interest accrual Upd
Select Criteria
Under Control Date Options, set Use Enter Date to 12/31/2017

ArticleNumber:

000050819

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