Difference between revisions of "Month End Accrued Interest Posting"
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! '''Field''' !! '''Description''' | ! '''Field''' !! '''Description''' | ||
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| − | | | + | | '''Month end date''' || Example |
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| − | | | + | | '''Account''' || Example |
|- | |- | ||
| − | | | + | | '''Investment''' || Example |
|- | |- | ||
| − | | | + | | '''Selection mode''' || Example |
|} | |} | ||
Revision as of 16:50, 9 March 2012
Overview of IL230
The month end accrued interest posting process searches for active investments and performs interest accrual. It also creates interest income and interest receivable journal entries in the general ledger. This report is typically included in your organization's periodic processing. The report will only run at month end, and will not accept a date that is not a month end date. To run the report:
- From the DDI Connect main menu, double-click Financial Services
- Double-click Investments
- Double-click Reports
- Double-click 230 Month End Accrued Interest Processing. The parameters screen will launch:
You have these options:
| Field | Description |
|---|---|
| Month end date | Example |
| Account | Example |
| Investment | Example |
| Selection mode | Example |
