See Modifying Interest Rates .
In Turkey , the Inflation Adjustment of Monetary Items report uses an interest indicator to calculate the inflation on monetary items. Once you have defined the interest indicator, you have to define a corresponding interest rate with the inflation rate.
Maintain the interest rate as follows:
Int. calc. indicator
(Interest calculation indicator)
Enter the interest indicator.
Currency key
Enter TRY (Turkish liras).
Valid from
Enter the date from when this inflation rate is valid.
Sequential number
Leave this field blank.
Term
Enter Credit interest for days overdue.
Reference interest rate
Leave this field blank. The inflation rate is calculated using the entry in the
Premium
field only.
Premium
Enter the inflation rate as a percentage.
Amount from
Leave this field blank, because there is no lower limit for which monetary items are to be adjusted.