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Accrued Interest on Time Deposits Report

This is Interest earned but not received (realized). Interest will usually accrue between last interest payment and the next. Time deposits objective is primarily to earn interest from the bank of finance institution that holds the clients money as a time/term deposit.

The Accrued Interest on Time Deposits report shows all time deposits that have earned interest at the specified reporting date but haven't been paid. The report shows time-deposit amount its Accrued Interest and the Balance on the accrued Interest as at the reporting date.

Note:
1. The Interest calculated is in complete months.

2. Loan Performer Accrued Interest on Time Deposits Report allows you to view the accrued interest amounts on time deposit payable to clients but have not been paid.

• Reporting date:  In the drop down box, select the date when the report should display e.g., "11/08/2020"..

• Branch code: Choose the branch code from the drop-down or tick the Check for all Branches checkbox to include all branches.
• Currency: From the drop down select the currency in which the report will appear, e.g., "UGX". In case the report has transactions in other currencies too, then LPF will convert all other transactions in to the report currency.
• Product: From the drop down box, select product that you want to generate a report about. You may tick the Check for all option to have a report on all loan products that are available in the system.
• Geographical area: From the drop down box, select a particular geographical area that you want to generate a report for. You may tick the Check for all option to have a report on all geographical areas.

Click on the OK button to display the report that will look like one below or the close button to quit

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