Interest Accrual Global Undo

The Interest Accrual Global Update Undo -this function will retract/undo, the interest that was accrued by executing the Interest Accrual Global Update. It will do the most recent month, any month or even ALL months.

Frequency: This process can be run at anytime, but is recommended as soon as possible once the undo is determined to be needed.

- this menu requires access rights assigned in the User Setup.

- Be sure to run the Interest Accrual Global Update once the situation that caused this function to be run it corrected.

- this option will reduce the debt amount that will be collected for debts.

1. From the Main Menu click Interest:

2. The Interest menu options:

3. Move the mouse over Interest Accrual Global Undo and click this option:

4. A dialog screen appears:

• Click the for the list of months:

• Select the desired month or to undo ALL months of interest click the

• Click to abort and return back to the main menu
• Click to update to undo the interest for the selected month or All months

• The following appears once complete: