How to calculate interest on the basis of collection ?

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Ans.1

1. Go to Books > All Ledgers.

2. Ledger accounts window will appear.Press 'F4' function key on selected party.

3. An interest window will appear.Press enter on As Per Collection.

4. Collection report window will appear.Feed date range.In 'Interest Receive / Issue' user will feed interest as per the requirement.

5. Now, click on View/Print.

After following the above steps user can view collection statement.

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