Instant Interest Manual – Consistency Checks

When an interest schedule is calculated using either the Calc or Print menu options, Instant Interest performs a series of consistency checks. These include checking whether there is a mixture of:

There are also cases in which Instant Interest asks for a date which is used to determine the appropriate rate or discounting of a rate. If multiple amounts due are entered, Instant Interest cannot tell to which of the amounts due the date applies. The consistency edits check for multiple amounts due for the states of:

These messages are warnings and do not necessarily mean that the schedule is in error.
If any of the edits described in this section finds a possible inconsistency that could result in erroneous results, Instant Interest will display a dialog box with explanatory error messages. These messages are also printed out on the hard copy of the interest schedule produced via the Print option.