Floating interest rates for NPV calculation
Hello everyone, I have a customer in Australia who is financing their leasing through variable rates loan with banks. For example, they have loans with varied interest rates each quarter the 1st year and then another interest rate the 2nd year. It doesn't seem like we should use CPI index to r...
Disposal Posting Voucher Improvement
There are many users complaining about the disposal posting profile. They thought the posting is not intuitive, especially the P&L accounts on disposal of assets.
We’ve created clearing account and used it as both main and offset accounts for Net Book Value configuration in D...
More flexible payment schedule options for data migration of contracts with “Ordinary annuity” as the annuity type
We are trying to do beginning balance data migration for some lease schedules with “Ordinary annuity” as the annuity type.
The cut-off date is 1-Feb-2024, and the payment should fall on the 5th of February...