PROCEDURE FOR CALCULATION OF INTEREST IN V2SBCO SOFTWARE

‐          COPY THE SAME TO THE SBCO FOLDER

‐          EXECUTE THE SBCOICAL FOR IBBCALCULATION

‐          ADD/MODIFY THE INTEREST SETUP WITH THE FOLLOWING STEPS

o   STEP – 1

o   PLEASE UPDATE THE INTEREST SETUP AS SHOWN BELOW FOR CALCULATION OF IBB FOR

THE MONTHS OF APRIL 2011 TO SEPTEMBER 2011

CATEGORY	FROM DATE	TO DATE	INTEREST	MONTHS	MIN BAL	MAX BAL
SA	01/04/2011	30/11/2011	3.5	8	50	100000
SA	01/12/2011	31/03/2012	4	4	50	100000
JA	01/04/2011	30/11/2011	3.5	8	50	200000
JA	01/12/2011	31/03/2012	4	4	50	200000
JB	01/04/2011	30/11/2011	3.5	8	50	200000
JB	01/12/2011	31/03/2012	4	4	50	200000

o   RUN  IBBCALCULATION  FOR  APRIL  TO  SEPTEMBER  USING  OFFICE‐WISE MONTHLYOR

MONTHLY ALL OFFICESOPTION o STEP ‐ 2

o        PLEASE MODIFY THE MAX BAL TO 99999999 AS SHOWN BELOW FOR CALCULATION OFIBB FOR THE MONTHS OF OCTOBER 2011 TO MARCH 2012 AND ANNUAL INTEREST

CATEGORY	FROM DATE	TO DATE	INTEREST	MONTHS	MIN BAL	MAX BAL
SA	01/04/2011	30/11/2011	3.5	8	50	99999999
SA	01/12/2011	31/03/2012	4	4	50	99999999
JA	01/04/2011	30/11/2011	3.5	8	50	99999999
JA	01/12/2011	31/03/2012	4	4	50	99999999
JB	01/04/2011	30/11/2011	3.5	8	50	99999999
JB	01/12/2011	31/03/2012	4	4	50	99999999

o        RUN IBBCALCULATION FOR OCTOBER TO MARCH USING OFFICE‐WISE MONTHLY ORMONTHLY ALL OFFICES OPTION FOR CALCULATION OF ANNUAL INTEREST

NOTE : DO NOT USE OFFICE‐WISE/YEARLY OPTION FOR CALCULATION OF IBB.

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Source : http://dopvizag.tech.officelive.com/default.aspx,sapost.,saparavur.blogspot.in