SQLServerCentral.com / SQL Server 2005 / T-SQL (SS2K5) / Calculate Past Due Principal and Past Due Interest Based on Due Dates / Latest PostsInstantForum.NET v2.9.0SQLServerCentral.comhttp://www.sqlservercentral.com/Forums/notifications@sqlservercentral.comTue, 07 Jul 2015 20:17:54 GMT20RE: Calculate Past Due Principal and Past Due Interest Based on Due Dateshttp://www.sqlservercentral.com/Forums/Topic1334721-338-1.aspx[quote][b]louie_vuittion (2/5/2014)[/b][hr]Not everybody is good at math. [/quote]Reported as spam.Wed, 05 Feb 2014 17:45:58 GMTSean LangeRE: Calculate Past Due Principal and Past Due Interest Based on Due Dateshttp://www.sqlservercentral.com/Forums/Topic1334721-338-1.aspxSomething you should do when posting code. Before posing it, create an empty database, run your code there. If it doesn't work, rework it until it does run successfully in an empty database.You wouldn't give flawed code to your users, don't give it to us either. It just makes it harder for us to help you.Wed, 25 Jul 2012 07:44:08 GMTLynn PettisRE: Calculate Past Due Principal and Past Due Interest Based on Due Dateshttp://www.sqlservercentral.com/Forums/Topic1334721-338-1.aspxOK so you tried to post some code but you missed the mark. The code you posted is full of syntax errors and variables not declared. There are columns referenced in your table that don't exist, etc. It seems you must have tried to simplify this but it just didn't work.I don't understand what you mean about calculating interest. There are a lot of ways to calculate interest and we still don't know how you are doing it.The while loop could be greatly simplified to a single insert statement instead of looping but getting this to work is incredibly difficult because none of the ddl supplied matches the insert and such. In short, if you can provide something that is more accurate we can help with the calculations but as it sits it doesn't work. As you provided it, it will not even compile.Wed, 25 Jul 2012 07:39:28 GMTSean LangeRE: Calculate Past Due Principal and Past Due Interest Based on Due Dateshttp://www.sqlservercentral.com/Forums/Topic1334721-338-1.aspxHi, am new for this forum, so couldn't post properly...1. This is my tableCREATE TABLE [dbo].[tblWeeklyTransactionSheet]([ID] [int] IDENTITY(1,1) NOT NULL,[Period] [float] NOT NULL,[PayDate] [smalldatetime] NOT NULL,[Payment] [decimal](12, 2) NOT NULL,[Current_Balance] [decimal](12, 2) NOT NULL,[Interest] [decimal](12, 2) NOT NULL,[AmountPaid][decimal](12,2) NOT NULL,CONSTRAINT [PK_tblWeeklyTransactionSheet] PRIMARY KEY CLUSTERED([ID] ASC)WITH (PAD_INDEX = OFF, STATISTICS_NORECOMPUTE = OFF, IGNORE_DUP_KEY = OFF, ALLOW_ROW_LOCKS = ON, ALLOW_PAGE_LOCKS = ON) ON [PRIMARY]) ON [PRIMARY]2. this is my Stored Procedure to Shedule Weekly Trsansaction SheetALTER PROCEDURE [dbo].[Sp_SelectWeeklyTransactionSheet]-- Add the parameters for the stored procedure hereASBEGINDeclare@Loan decimal(12,2)@InterestRate FLOAT,@PeriodInWeeks FLOAT,@PaymentStartDate SMALLDATETIME,@Particular varchar(20) ,@PaidAmount decimal(12,2),@Payment decimal(12,2),@Period FLOAT,@AmountPaid decimal(12,2) --- This record will fetch from different table@CompoundingPeriod FLOAT,@CompoundingInterest FLOAT,/*** CALCULATED LOAN VARIABLES ***/@CurrentBalance decimal(12,2),@Interest FLOAT,/*** Loan TIME VARIABLES ***/@LoanPaymentEndDate SMALLDATETIME,@LoanPayDate SMALLDATETIME,@LoanDueDate SMALLDATETIME ,/*** USER VARIABLES ***/SET @InterestRate = @InterestRate/100SET @CompoundingPeriod = 12SET @Loan =20,000SET @PeriodInWeeks = 10SET @PaymentStartDate = '2012-09-13 00:00:00'/*** END USER VARIABLES ***/SET @CompoundingInterest = @InterestRate/@CompoundingPeriodSET @Payment = @Loan / @PeriodInWeeksSET @Period = 1SET @LoanPaymentEndDate = DATEADD(WEEK,@PeriodInWeeks,@PaymentStartDate)SET @LoanPayDate = @PaymentStartDateBEGINWHILE (@Period < = @PeriodInWeeks)BEGINSET @CurrentBalance = @Payment +@InterestSET @Interest = 0SET @LoanDueDate = @LoanPayDateinsert into tblWeeklyTransactionSheet(Period, PayDate,Payment,Current_Balance,Interest, AmountPaid)SELECT@col_WeeklyID,@col_ApplicantNumber,@Period,@LoanDueDate,@Payment,@CurrentBalance,@Interest,@PaidAmountSET @Period = @Period + 1SET @LoanPayDate = DATEADD(WK,1,@LoanPayDate)ENDENDselect col_WeeklyID,col_ApplicantNumber,Period as Installments, PayDate,Payment,PaidAmount,Interest,Current_Balance from tblWeeklyTransactionSheetEND3. Am getting shedule table, but i need to calculate Due Interest + Due Amount for if non payable based on due date, INITIALLY INTEREST WILL BE 0 (for regular payment), The final Result Will be like below mention TableDate Amount Interest Amount Paid Amount Balance8/7/2012 2000 2000 015/7/2012 Due 500 0 Due + 500Thanks Shiva Reddy :-)Wed, 25 Jul 2012 04:55:09 GMTshiva.reddy06RE: Calculate Past Due Principal and Past Due Interest Based on Due Dateshttp://www.sqlservercentral.com/Forums/Topic1334721-338-1.aspxHi, am new for this forum, so couldn't post properly...1. This is my table CREATE TABLE [dbo].[tblWeeklyTransactionSheet]( [ID] [int] IDENTITY(1,1) NOT NULL, [Period] [float] NOT NULL, [PayDate] [smalldatetime] NOT NULL, [Payment] [decimal](12, 2) NOT NULL, [Current_Balance] [decimal](12, 2) NOT NULL, [Interest] [decimal](12, 2) NOT NULL, CONSTRAINT [PK_tblWeeklyTransactionSheet] PRIMARY KEY CLUSTERED ( [ID] ASC)WITH (PAD_INDEX = OFF, STATISTICS_NORECOMPUTE = OFF, IGNORE_DUP_KEY = OFF, ALLOW_ROW_LOCKS = ON, ALLOW_PAGE_LOCKS = ON) ON [PRIMARY]) ON [PRIMARY]2. this is my Stored Procedure to Shedule Weekly Trsansaction SheetALTER PROCEDURE [dbo].[Sp_SelectWeeklyTransactionSheet] -- Add the parameters for the stored procedure here ASBEGIN Declare @Loan decimal(12,2, @InterestRate FLOAT, @PeriodInWeeks FLOAT, @PaymentStartDate SMALLDATETIME, @Particular varchar(20) , @PaidAmount decimal(12,2), @Payment decimal(12,2), @Period FLOAT, @CompoundingPeriod FLOAT, @CompoundingInterest FLOAT, /*** CALCULATED LOAN VARIABLES ***/ @CurrentBalance decimal(12,2), @Interest FLOAT, /*** Loan TIME VARIABLES ***/ @LoanPaymentEndDate SMALLDATETIME, @LoanPayDate SMALLDATETIME, @LoanDueDate SMALLDATETIME , /*** USER VARIABLES ***/ SET @InterestRate = @InterestRate/100 SET @CompoundingPeriod = 12 SET @Loan =20,000 SET @PeriodInWeeks = 10 SET @PaymentStartDate = '2012-09-13 00:00:00' /*** END USER VARIABLES ***/ SET @CompoundingInterest = @InterestRate/@CompoundingPeriod SET @Payment = @Loan / @PeriodInWeeks SET @Period = 1 SET @LoanPaymentEndDate = DATEADD(WEEK,@PeriodInWeeks,@PaymentStartDate) SET @LoanPayDate = @PaymentStartDate BEGIN WHILE (@Period < = @PeriodInWeeks) BEGIN SET @CurrentBalance = @Payment +@Interest SET @Interest = 0 SET @LoanDueDate = @LoanPayDate insert into tblWeeklyTransactionSheet(Period, PayDate,Payment,Current_Balance,Interest) SELECT @col_WeeklyID, @col_ApplicantNumber, @Period, @LoanDueDate, @Payment, @CurrentBalance, @Interest, @PaidAmount SET @Period = @Period + 1 SET @LoanPayDate = DATEADD(WK,1,@LoanPayDate) END END select col_WeeklyID,col_ApplicantNumber,Period as Installments, PayDate,Payment,PaidAmount,Interest,Current_Balance from tblWeeklyTransactionSheetEND 3. Am getting shedule table, but i need to calculate Due Interest + Due Amount for if non payable based on due date, INITIALLY INTEREST WILL BE 0 (for regular payment), ThanksShiva ReddyWed, 25 Jul 2012 04:43:03 GMTshiva.reddy06RE: Calculate Past Due Principal and Past Due Interest Based on Due Dateshttp://www.sqlservercentral.com/Forums/Topic1334721-338-1.aspxI think a fair amount more information would be useful for this thread. There are different terms, interest rates, methods of applying and calculating interest, penalties, fees etc that should be factored into the equation.Tue, 24 Jul 2012 12:34:17 GMTSQLRNNRRE: Calculate Past Due Principal and Past Due Interest Based on Due Dateshttp://www.sqlservercentral.com/Forums/Topic1334721-338-1.aspx[quote][b]shiva.reddy06 (7/24/2012)[/b][hr]Hi with respect to my subject, need to calculate-Calculate Due Amount Principle + Interest after Due Date, this is for 1 installment (if non payment),--Suppose he ll not pay 2, 3 installments, need to add past Due Amount principle + past Interest with respect to current Month dueHope i ll get good solutions Thank YouShiva Reddy[/quote]Not going to happen with what you have provided. There really isn't enough information to provide you with any code.Please read the first article I reference below in my signature block regarding asking for help. It will walk you through what you need to post and how to get the best possible answers.Tue, 24 Jul 2012 12:30:59 GMTLynn PettisCalculate Past Due Principal and Past Due Interest Based on Due Dateshttp://www.sqlservercentral.com/Forums/Topic1334721-338-1.aspxHi with respect to my subject, need to calculate-Calculate Due Amount Principle + Interest after Due Date, this is for 1 installment (if non payment),--Suppose he ll not pay 2, 3 installments, need to add past Due Amount principle + past Interest with respect to current Month dueHope i ll get good solutions Thank YouShiva ReddyTue, 24 Jul 2012 12:25:32 GMTshiva.reddy06