Tour Page 2 – Interest Schedule Display

When you calculate an interest schedule the following form is displayed.

Instant Interest calculation display

This form shows the due date of the return (03/31/06) with the amount due and all payments and additional assessments entered on the data entry form. It also shows the break down of the interest accrual with a separate line for each year and each rate change with the interest accrued, the running balance, the applicable rate, the method of calculating interest (simple or interest compounded daily, monthly, quarterly, or annually), and any other factors that have gone into the interest calculation. From this form you can display Tips or Notes regarding special rules that affect the calculation of interest for the tax jurisdiction. You can also calculate and display the interest schedule, copy the calculation results to the Windows clipboard (to be pasted into another application such as MS Word), or calculate and print the interest schedule.

Continue to Tour Page 3 – Rate Maintenance Form