To set up a new table of Interest Values: - In Property Management, from the Setup menu, select Interest Rates.
- In the Interest Value field, enter the name or ID you want to use for this interest value table. TIP: You may want to name it according to the bank or financial institution the rate is based upon.
- Under As of Date, enter the effective date for this rate.
- Under Rate, enter the rate for this As of Date. If the rate is 2.125%, enter as 2.125.
- Enter additional As of Dates and Rates as needed for this table of values.
- Click Close when finished.
Note: If you want to add additional Interest Value tables, in the Interest Value field, start typing the new name or ID you want to use. If the ID doesn't already exist, it will create it as a new one.
To change or add rates to an Interest Value table: - In Property Management, from the Setup menu, select Interest Rates.
- In the Interest Value field, select the Interest Value table to change.
- If you need to change the rate of an existing As of date, go to that row and change the Rate.
- If you need to add a new As of Date, scroll to the bottom then on the row with the asterisk(*), enter the new As of Date and Rate.
- If an As of Date was entered incorrectly, delete the row then re-enter it correctly. To delete a row, right-click on the gray box to the left of the As of Date for that row, then select Delete Row. Or click the row so the entire row is highlighted, then press DELETE on your keyboard.
- Click Close when finished.
To delete an entire Interest Value table: If an Interest Value table was set up with an incorrect name or ID or it is not used anymore and you do not need to keep it for historical information, you can delete it by deleting every row of As of Dates and Rates. Once the last row is deleted, when you close out of the Interest Value setup window, that Interest Value table will be removed. |