When you view the Account Statement of the Resident, you will be able to view the Late Payment Interest Accrued since the last Invoice posted. The Resident can also view the LIVE Interest calculation on his Account Statement. This provides a complete picture of the total Payable as of Date, in case any Resident wants to make complete payment including Interest accrued, which would otherwise be known to him only by the next Invoice Date.
Thanks to Brigade Metropolis for inputs on this new Feature.
