How to obtain the daily interest amount (per diem) in Margill Loan Manager
Q: How to obtain the daily interest amount (per diem) in Margill Loan Manager?
A: This can be added very easily through a simple Mathematical Equation.
Go to Reports > Equation Management and click on
- Name the Equation
- Select the two required fields (balance and interest rate) from the various themes on the left
- Add the operators with the button
- Divide by 365 days with the button
- Save
You can now use this simple interest Equation in various reports picking it up in the Equations theme:
Record List Customized:
Document Merge (DOCX., RTF, PDF) for your Invoices and Statements: