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Back payments which are planned for bonds are recorded using Planned Payments option of Attached Records menu in Bonds browser. Back payment plan lines are generated with Generate Planned Payments option located in Operations menu of Planned Payments window.

Properties of Planned Payments

• Capital is paid fully on bond's due date, and the value is "0" on months in which interest installments are paid.
• Installments are calculated by using (Capital Amount*Interest Rate)/100 formula, and it is shown in installment amount field.

Here is an example of calculation: