Type search words and press enter
"Use Edit Log for transactions/masters, and digital signature for invoices/reports with Release 2.1. Download NOW!"

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.    Click F1: Detailed.

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