Re: LPS Calculation

Hi Srinivas/Amlan ,

We have also revised interest rate from 3.50% to 4% effective from 01.06.2014. Now problem is that we have two open items of amount 1000(Due date 05.05.2014) and 2000 (Due date 07.06.2014). We are calculating interest on dunning. Though interest is calculating and posting also but for 1000 system is taking 3.50% and for 2000 its taking 4% till date of posting.

It should be like this-

                     1000 from 05.05.2014 to 31.05.2014- 3.50%

                     1000 from 01.06.2014 to till date - 4%

But for 1000 is taking 3.50% for the whole period.                     

Any suggestion to get this output.

Thanks and Regards

Kumar