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GL balance interest calculation - F.52 on principal amt

Hi.

I want to calculate interest on GL balances for Loan account. Generally we calculate interest on loan a/c and the interest is credted to loan a/c. So system will always calculate interest on Principal amt + interest.

I want to calculate the interest on the principal amt only and system should not consider the interest amt while doing interest run using F.52

Can anyone provide me the solution to this.

Regards,

Padmavathi

Former Member

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