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The basic rule for interest calculation must be calculated as follows:
Monthly amount divided by 30 and multiplied with the days of the months – maximum days of a month can be 30 days !


Some examples:
A) If you calculate interest for the invoice in the repro steps until Sept 5th 2017 you have to calculate with 16 days (11 days from August plus 5 days from September).


B) You post an invoice with due date Feb 20th 2017.
a. Interest calculation until Feb 28th 2017: 8 days
b. Interest calculation until March 10th 2017: 18 days (8 days from February plus 10 days from March)
c. Interest calculation until April 10th 2017: 48 days (8 days from February plus 30 days from March plus 10 days from April)

STATUS DETAILS
Under Review
Ideas Administrator

Thank you for your feedback. We will consider this in our roadmap.  

Sincerely,

Shivam Pandey,

Microsoft 

Comments

I

Brilliant and contructional idea

Category: Credit and collections

I

Greate idea

Category: Credit and collections