July 24, 2012 at 12:25 pm
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 due
Hope i ll get good solutions
Thank You
Shiva Reddy
July 24, 2012 at 12:31 pm
shiva.reddy06 (7/24/2012)
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 due
Hope i ll get good solutions
Thank You
Shiva Reddy
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.
July 24, 2012 at 12:34 pm
I 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.
Jason...AKA CirqueDeSQLeil
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July 25, 2012 at 4:43 am
Hi, 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 Sheet
ALTER PROCEDURE [dbo].[Sp_SelectWeeklyTransactionSheet]
-- Add the parameters for the stored procedure here
AS
BEGIN
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,
@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 tblWeeklyTransactionSheet
END
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),
Thanks
Shiva Reddy
July 25, 2012 at 4:55 am
Hi, 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,
[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 Sheet
ALTER PROCEDURE [dbo].[Sp_SelectWeeklyTransactionSheet]
-- Add the parameters for the stored procedure here
AS
BEGIN
Declare
@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/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, AmountPaid)
SELECT
@col_WeeklyID,
@col_ApplicantNumber,
@Period,
@LoanDueDate,
@Payment,
@CurrentBalance,
@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 tblWeeklyTransactionSheet
END
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),
The final Result Will be like below mention Table
Date Amount Interest Amount Paid Amount Balance
8/7/2012 2000 2000 0
15/7/2012 Due 500 0 Due + 500
Thanks
Shiva Reddy 🙂
July 25, 2012 at 7:39 am
OK 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.
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July 25, 2012 at 7:44 am
Something 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.
February 5, 2014 at 5:45 pm
louie_vuittion (2/5/2014)
Not everybody is good at math.
Reported as spam.
_______________________________________________________________
Need help? Help us help you.
Read the article at http://www.sqlservercentral.com/articles/Best+Practices/61537/ for best practices on asking questions.
Need to split a string? Try Jeff Modens splitter http://www.sqlservercentral.com/articles/Tally+Table/72993/.
Cross Tabs and Pivots, Part 1 – Converting Rows to Columns - http://www.sqlservercentral.com/articles/T-SQL/63681/
Cross Tabs and Pivots, Part 2 - Dynamic Cross Tabs - http://www.sqlservercentral.com/articles/Crosstab/65048/
Understanding and Using APPLY (Part 1) - http://www.sqlservercentral.com/articles/APPLY/69953/
Understanding and Using APPLY (Part 2) - http://www.sqlservercentral.com/articles/APPLY/69954/
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