How To Manage Client Interest

PART ONE

Step 1. Using the menu bar on the left, click on Companies and filter by Clients. Then click on the desired company name to enter the profile. 

Step 2. Click on Portfolio Interest, then click edit on that section. 



Step 3. Here you can turn portfolio interest on/off for the client. If enabling, fill in the required fields to complete the process. 

- Principal 

1. NFE

2. Invoice Total

3. Invoice Balance 

4. Advance Amount

- Interest Type 

1. Flat Rate
2. Prime Plus
3. Sofr Plus
4. Libor Plus 

- Per 

1. 360
2. 365
3. 366

Step 4.  Do not forget to save by clicking update at the bottom. 

PART TWO 

Step 1. From the same client profile, click on Client Settings, then click edit on that section. 

Step 2. Turn on the Autocharge Accrued Interest and select how often you'd like the interest to be charged. Interest will automatically charge either daily, weekly, or monthly. 

Step 3. Do not forget to save changed by click update at the bottom (shown above)