Interest on Outstanding Balances

The Ledger Interest report displays the interest calculated for the ledger selected. If a part of the amount is settled, then interest is calculated only on the amount pending to be repaid.

To view interest calculations on Outstanding balances

1. Go to Gateway of Tally > Display > Statements of Accounts > Interest Calculations > Ledgers

2. Select the required ledger. The Ledger Interest report appears as shown below:

3. C lick F1 : Detailed .

4. The Ledger Interest report in detailed mode appears as shown below: