Version 3.84 Released (19 Oct 2010)
Loans - Interest In Advance If a business code is configured to have “Interest In Advance” loans, the interest cycle logic has been changed so that the cycle starts on the due date for the current repayment, and ends on the day prior to the due date for the next repayment.Fixed inaccuracies when interest in advance was charged on a common day. Loans - Variable Rate There are new form letter fields to record the details of the most recent interest rate change, to assist in creating correspondence about interest rate changes: