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Introduction
» TrackLoan
» TrackLoan Working
» Installing TrackLoan
» Configuring TrackLoan
» Using Help/Compacting Database
» Things to Think About...
Loan Types
» Adding Loan Type
» Editing Loan Type
» Deleting Loan Type
Accounts
» Adding/Editing/Deleting Account
» Loan Activity Elements
» Printing
» Account Exceptions
» Payment History
» Printing Amortization Table
» Entering Client Information
» Printing Mailing Labels
» Printing IRS Forms
Journal
» Entering Transaction
» Handling Bad Checks
» Entering Account Exception
» Editing/Deleting Journal Entry
» Editing/Deleting Journal Exception Entry
» Printing Journal Listing
» Posting Journal
» TrackLoan Computer Interest
Backups
» Backup Screen
» Backup Manually to Hard Disk
» Backup to External Medium
» Restoring Backup
» Restoring Backup From Hard Drive
» Restoring Backup From External Medium
Utilities
» Payout
» Overdue Accounts
 

TrackLoan Computer Interest

To compute interest for a given period TrakLoan first computes a per-diem interest amount, rounded to the nearest penny, then multiplies that amount by the number of days in the period.

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