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-   -   Making adjusting entries for a change in interest rates (https://www.askmehelpdesk.com/showthread.php?t=389513)

  • Aug 22, 2009, 07:47 PM
    purplejul
    Making adjusting entries for a change in interest rates
    Hello:

    I am trying to determine the correct adjusting entries to be made when interest rates change.

    Thank you,

    Julie
  • Aug 23, 2009, 03:31 AM
    ROLCAM

    Adjustments in Interest Amounts should be automatically picked up from the Bank Statements.
    If any attempt is made in forecasting any
    Changes, the real figures have to be adjusted to when revealed by the Bank.

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