Error Calculating Interest
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I am trying to perform an investment/loan transaction, and am getting an error "Error Calculating Interest". How do I fix?
Loan Transaction
If you are getting this error on a loan transaction, it means that the interest was not posted properly when IL602 Loan Month End Interest Posting was last run. Loan Interest must be posted at the end of each month, in order for the system to properly calculate the interest when performing transactions such as loan payments, loan advances, etc.