Interest Ledger System

Daily Running Interest Calculation with Reducing Balance

Current Balance

₹1,025,000.00

Total Interest

₹4,872.16

Total Debits

₹1,130,000.00

Total Credits

₹105,000.00
Date Type Description Debit Credit Balance Interest Actions
01 May 2026 entry Debit entry ₹663,000.00 - ₹663,000.00 -
01 May 2026 summary Daily summary ₹663,000.00 ₹0.00 ₹663,000.00 -
02 May 2026 interest Daily interest - - ₹663,000.00 ₹204.43
03 May 2026 interest Daily interest - - ₹663,000.00 ₹204.43
04 May 2026 entry Debit entry ₹2,000.00 - ₹665,000.00 -
04 May 2026 interest Daily interest - - ₹663,000.00 ₹204.43
04 May 2026 summary Daily summary ₹2,000.00 ₹0.00 ₹665,000.00 -
05 May 2026 interest Daily interest - - ₹665,000.00 ₹205.04
06 May 2026 interest Daily interest - - ₹665,000.00 ₹205.04
07 May 2026 entry Debit entry ₹50,000.00 - ₹715,000.00 -
07 May 2026 interest Daily interest - - ₹665,000.00 ₹205.04
07 May 2026 summary Daily summary ₹50,000.00 ₹0.00 ₹715,000.00 -
08 May 2026 entry Debit entry ₹50,000.00 - ₹765,000.00 -
08 May 2026 interest Daily interest - - ₹715,000.00 ₹220.46
08 May 2026 summary Daily summary ₹50,000.00 ₹0.00 ₹765,000.00 -
09 May 2026 interest Daily interest - - ₹765,000.00 ₹235.88
10 May 2026 interest Daily interest - - ₹765,000.00 ₹235.88
11 May 2026 entry Credit entry - ₹57,400.00 ₹707,600.00 -
11 May 2026 interest Daily interest - - ₹765,000.00 ₹235.88
11 May 2026 summary Daily summary ₹0.00 ₹57,400.00 ₹707,600.00 -
12 May 2026 entry Credit entry - ₹47,600.00 ₹660,000.00 -
12 May 2026 interest Daily interest - - ₹707,600.00 ₹218.18
12 May 2026 summary Daily summary ₹0.00 ₹47,600.00 ₹660,000.00 -
13 May 2026 interest Daily interest - - ₹660,000.00 ₹203.50
14 May 2026 entry Debit entry ₹50,000.00 - ₹710,000.00 -
14 May 2026 interest Daily interest - - ₹660,000.00 ₹203.50
14 May 2026 summary Daily summary ₹50,000.00 ₹0.00 ₹710,000.00 -
15 May 2026 entry Debit entry ₹235,000.00 - ₹945,000.00 -
15 May 2026 interest Daily interest - - ₹710,000.00 ₹218.92
15 May 2026 summary Daily summary ₹235,000.00 ₹0.00 ₹945,000.00 -
16 May 2026 entry Debit entry ₹80,000.00 - ₹1,025,000.00 -
16 May 2026 interest Daily interest - - ₹945,000.00 ₹291.38
16 May 2026 summary Daily summary ₹80,000.00 ₹0.00 ₹1,025,000.00 -
17 May 2026 interest Daily interest - - ₹1,025,000.00 ₹316.04
18 May 2026 interest Daily interest - - ₹1,025,000.00 ₹316.04
19 May 2026 interest Daily interest - - ₹1,025,000.00 ₹316.04
20 May 2026 interest Daily interest - - ₹1,025,000.00 ₹316.04
21 May 2026 interest Daily interest - - ₹1,025,000.00 ₹316.04