EDM: Compound Interest is not Calculated on Fixed Deposit Deal

(Doc ID 2127014.1)

Last updated on APRIL 19, 2016

Applies to:

PeopleSoft Enterprise FIN Deal Management - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.

Goal

Compound Interest is not calculated on Fixed deposit deal even if Compound Frequency is set to  Quarterly-Comp. System is calculating only Simple Interest.
 

Solution

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