Loans - Costa Rica
Calculates the Loan Interests performed by the company and granted to the Employees.
There are different ways to Calculate Interest on Loans, such as: Compound Interest, Simple Interest, Advanced Interests, No Interest. Therefore, the loan balance and the interests can vary. |
Procedures
| • | The system includes the Compound Interest Calculation in the standard product. For customer that have different policies, you can define the rules through the functionalities of the Formulation and Calculation Scripts of the System. |
| • | The Route Code should be the same defined in Parameter Registration (MV_FORVLRF). |
See Also
| • | Formulas |