can calculate interest on each invoice for the period it is outstanding,
wholly or partly. Transaction by transaction or bill-by-bill interest
calculation is permitted for 'Party' accounts like accounts falling under the
groups Sundry Debtors and Sundry Creditors. Bill-wise details should be active
for the company and the party.
report is similar to the Bill-wise Outstandings Statement. The last column gives the interest amount on the transaction. Press F1: Detailed to see the calculation.
Go to Gateway of Tally > Display >
Statements of Accounts > Interest Calculations > Ledger
the ledger Account XYZ Agency