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Depending on your licence, two or more situations will be offered in the situation menu. Situations refine the type of calculation and enter some settings for you. The following are common to all licences:

 

Normal - calculating interest etc

Calculate interest with full control over the interest rates & optional moratorium & repayment plans.

 

Check bank or credit card interest charged

Use this situation to check the interest calculations made on bank statements etc where interest has already been calculated. This mode lets you check the interest calculation and report on any discrepancies.

 

Other situations depend on the additional packages that have been licensed and installed.