Dear Sir/Madam
I want to Calculate interest on Customers Late Payement @ 2% Per Month.Grace Period is 30 Days.Can any one help me to do this in Excel. Please find the attached file.and Kindly help me to calculate interest.Payment must be adjusted with invoices on FIFO Basis.I will be grateful if anyone help me to solve this out.Please Mail me @ abhishekp12in @ gmail.com if Solution found.
Thanks
Abhishek Sinha