Primary grouping by period

Showing examples of defining periods with amount range 

1) Period from 1 day to 90 days, with amount range from 1 to 10000 and interest rate as 5%. 

2) Period from 1 day to 90 days, with amount range from 10001 to none value (infinite amount) and interest rate as 5.5%. 

i – Value is ending with open value (None), that is, above 10001 to infinite amount will be calculated for 5.5% with 1 to 90 days range.   

3) Period from 91 day to open value (None) days, with amount range from 1 to none value (infinite) and interest rate as 6%. 

ii – Period days is open value (None) days, that is, from 91 and above days. 

iii – Value is ending with open value (None). That is, above 1, any amount will be calculated for 6% with 91 days range.  

Primary grouping by amount

Showing examples of defining amount range with periods

Is primary grouping by amount is checked box (Enables amount based grouping)  

1) Amount range from 1 to 10000, with period from 1 to 90 and interest rate as 5%. 

2) Amount range from 1 to 10000, with period from 91 to none value and interest rate as 5.5%. 

i – Period type is ending with open value (None), that is, above 91 days to infinite days, will be calculated for 5.5% with 1 to 10000 amount range.   

3) Amount range from 10001 to none value (infinite), with period from 1 to null value (Limit less amount) and interest rate as 6%. 

ii – Period days is ending with open value (None) days, that is, from 1 to infinite days.  

iii – Amount Value is ending with open value(None) i.e above 10001 to infinite amount, will be calculated for 6% 10001 and above range.