Hi,
In the interest tab,
Under Netting
Clear Accrued Interest Paid (1)
Clear Accrued Interest Recieved (3)
What are the update types to be filled ?
I want to write off Accrued interest upfront at the time of Interest received (frequency period).
For example,
Bond Interest frequency 006
Bond issue date: 02 June 2014
Next Interest coupon date 02 Dec 2014
Purchase Amount 5 Crores on 10 Nov 2014
accrued Interest upfront paid by us = for example 10 lakhs.
i want to write off at the time of Interest received.