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Define Interest Rates

In this activity, you specify for each interest indicator

• Which interest rate is to be used for debit or credit balances

• The currency in which the interest is to be calculated

• The date as of which the entry for the interest indicator is valid

Note

The interest indicators are currently used by the dunning program for the calculation of interest on arrears and for discounting receivables.

Requirements

You have created the required

interest indicator.

Activities

Enter the above data for your interest indicators.