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Interest Accrued on Fixed Deposit

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(Querist)
21 August 2010 Interest accrued on FD in a year

whether this has to add to Principle amount of FD or it should keep only on interest accrued.

kindly let me know in detailed about this

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Ramesh Reddy
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
21 August 2010 You need to keep separate account called Interest accured on FD. need no added to principle amount
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
21 August 2010 Interest accrued to be accounted separately.



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PANKAJ KHURANA

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PANKAJ KHURANA (Expert)
21 August 2010 Interest accrued can be added to the FD amount or can be accounted separately under Interest accrued account.

Second one is best to control.

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