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Using the Interest Rate Calculator in Full Budgets

  1. Open the Full Budget you are working on
  2. Budget mceclip0.png
  3. Full Budget mceclip1.png
  4. Open Budget mceclip2.png
  5. Select the required budget from the list
  6. Click on the Interest icon mceclip4.png 
    Complete the information required
    mceclip0.png
  7. Click mceclip3.png or press F10
  8. Repeat to set a credit (Interest Receipts) interest rate and debit interest rates for all other bank accounts.

  9. Click the  mceclip1.png icon to turn on the INTEREST CALCULATOR which shows as mceclip2.png
  10. Click on the OPENING icon mceclip7.png to insert the BANK ACCOUNT OPENING BALANCES
    (ie: -6599, remember the negative if in overdraft)
  11. Click mceclip3.png or press F10 to save data
  12. Click on RECALCULATE icon mceclip8.png to recalculate the Full Budget.
    If you click on your payment/receipt interest code, figures should now appear.
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