The Interest Info option located in the Attached Records menu of the Bank Accounts browser is used to record yearly interest rates and stoppage and fund rates to be applied to current accounts.
The information to be entered is the following:
AR/AP Interest: The annual AR/AP interest applied by the bank. Entered as percentage.
Stoppage Rate: The stoppage rate applied to stoppage deduction amount calculations. The stoppage deduction is equal to the multiplication of the calculated gross interest and the Stoppage Rate specified here.
Fund Rate: The fund rate applied to fund deduction amount calculations. The fund deduction is equal to the multiplication of the calculated stoppage deduction and the fund rate specified here.