This module is designed to cater for principal and interest loans which have a fixed interest rate. Typical examples are Consumer Loans, Personal Loans and some Business Loans.
This module is designed to cater for interest only compounding loans, interest only repaid loans, principal and interest loans (Table Mortgage) and hybrid loans.
This module will process both Operating Leases and Finance Leases in a way that will allow the account and related asset(s) to be accurately accounted for.
This module records investments that are for a fixed period of time. Investment periods are user defined and can be expressed as days, months or years.
This module caters for funds invested with you that are for no set period. Interest is accrued on a daily basis and charged to the account based on a user defined rest period.
This module keeps track of investments which are managed by numbers of units. Periodic distributions are made based on the average daily balance of each account.