Rules Applied – Stop Interest Date


You can choose to either  suspend or resume interest accrual using rules applied.  This article is intended to supplement the information found in  rules applied.


Stop-interest-date rules applied can be found at Settings > Loan > Rules Applied > Stop Interest Date.

You have two options for each interest application listing:

  •   editEdit – Clicking this will let you edit the rule application.
  •   deleteDelete – This will delete the rule application.
Click  to add a new rule application.

Use the type drop-down to choose whether this rule application should suspend or resume interest accrual on accounts.  In the “Days from rule applied date” field select a date on which to apply the Suspend/Resume Interest Accrual, then enter the number of days from the rule applied date that the interest accrual should either stop or start.

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