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Amount limit for interest calculation using FPI1

Former Member
0 Kudos

Hi,

Our client is having requirement of posting interest for a particular item , but the condition is item on which interest is to be calculated should be of more than a particular amount or in the other words we have to maintain amount limit on the base of item amount not on the base of interest amount. for example - if a particular item is of more than 100 rs then only interest is applicable for that item,items having amount below 100 rs are not applicable for interest calculation.

So is there any way out to maintain amount limits on the base of items on which interest to be calculated not on the base of interest amount.

Thanks & Regards,

shruti singh

3 REPLIES 3

former_member357682
Discoverer
0 Kudos

Hi,

did you get any answer?

I'm having the same issue.

regards

Former Member
0 Kudos

Hi,

Please make use of the event 2010-Interest: Exclude Items.

Here all the line items on the account are passed one by one and records which are eligible for interest calculations are retained and rest are excluded by RAISE item_blocked.

You can put the check in this event on the amount.

Regards,

Gaurav.

Former Member
0 Kudos

Check the amount in the event 2005 and if it is less than the amount for which the interest needs to be calculated, set the interest key as blank, interest wont be calculated for that amount.