How To Apply Interest To A Deposit

Fastpath: You should only have to issue adjustments to calculate and refund interest if you need to override the system's automated procedures.

If you need to manually apply interest to a deposit, issue an adjustment using the appropriate adjustment type. The adjustment amount should be a negative number (you are crediting the customer's deposit balance).

If you want to apply the interest to the customer's outstanding balance, refer to How To Apply A Deposit To Outstanding Debt .

If you want to cut a check for the deposit, refer to How To Refund A Deposit With A Check .