Calculate penalty and interest

This part of the guide explains how to calculate penalty and interest. This page contains some validations. Click the following link for more information : Calculate Penalty and Interest - Configuration Details

Step 1 - Go to the Penalty and Interest Calculation page

1. Go to the Administration module;
2. Choose the Operations option;
3. Select the Penalty and Interest Calculation option;
4. Click the Pen/Interest Calculation menu. This action opens the Calculate Penalty and Interest page (509:15230);

Step 2 - Calculate Penalties and Interest

5. Complete the required fields (identified with a red star *). For example, Tax Type, Tax Division, etc.;
6. Click the Calculate button. This action opens a confirmation window;
7. Click the Yes button. This action calculates the penalties and interests, assigns a task number and displays the Summary Report button;
8. Click on the Summary Report button. This action redirects you to the Penalty and Interest Calculation Summary page (509:15560). For more information on this functionality, click on the following link: Display penalty and interest calculation summary.