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Managing loans (deposits) and payment of interest

  • 1.  Managing loans (deposits) and payment of interest

    Posted Jul 08, 2019 01:18 PM
    We allow a limited number of individuals to load money to the company.  We pay interest based on the length of time, (demand, 1 year, 2 year).  Some we pay interest quarterly, but most role the interest into the principle amount and the amount continues to grow.
    Anyone doing this in Dynamics GP, or are there 3rd party software/integrations do this?

    We currently use an in-house application that is in need of revamp or replacement.

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    Steven
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    Conference-GPUG_200x200


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