Smile Software Private Limited

This package can do interest calculation from the transactions entered in the accounting system. You may selectively discard some transaction which may not to be considered as a part of the interest if falling in the same ledger. Interest can be calculated for selective account ledgers for selective period with given interest rate. All voucher entries will be done automatically in the Accounting system and detail calculation report can also be printed. You may also customize many parameters like interest rate, round off value for the final amount, days in a year etc.