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This is where you specify the Interest Profile that applies to this client.
An Interest Profile is where you define the rules for calculating interest.
Once you have specified an Interest Profile for a client, interest will be calculated for the client (when you run the Update Interest process) according to the schedule and interest rate defined in the Interest Profile.
There are also two special selections in the Interest Profile drop-down list on the Client Maintenance form:
Select NONE if you do not want interest calculated for a client.
If you want to remove interest that has been calculated for a client select NONE (REMOVE EXISTING INTEREST). If you select this and then click Save, any interest that has been generated for a client THAT HAS NOT BEEN PAID, will be removed from the client's account.
You may also contact us using the Feedback form or at email@example.com.