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Preethi

02/08/2021, 2:44 PM
Hi, has anyone worked with Finance charges? I've set 18% pa under finance charge preference and have selected to be computed from the due date. However when I assess the finance charges for the month, I expect it to compute at 1.5% (18%/12 months). But it shows a different number that doesn't make sense.
Found out that it takes 'days' into computation. 88675 in Suite answers.