How to charge interest

Prior to the presentation of the requirement about payment of fines, billing, filing a claim should accrue interest. In fact, the calculation reduces to the following formula: (amount of debt) x (rate of interest %) x (number of days of delay).

Instruction

1. Determine the amount of the principal debt. The amount of VAT included in this amount.
2. Define the start date and end date of the period of delay in payment. The start date is the day following the day must be filled with obligation. The end of the period is the actual execution, payment of the debt.
3. Determine the rate upon which the accrual is made. If the terms of the agreement set the interest rate of the penalty (for example, 0.1% of the outstanding amount per day of delay) or the specific penalties for the day (500 per day) should be governed by that agreement. If such a clause is not in the contract, be guided by norms of the civil code, i.e. charge interest at the refinancing rate.
4. Determine the amount of penalties for one day of delay. Calculated according to the refinancing rate, it should be remembered that this annual rate. To calculate the interest for one day, in the denominator indicate 360дней.
5. Determine the total amount of the penalty. To do this, interest for one day multiply the number of days of delay.