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Single Debit field group
Use this field group to view and edit information that will appear on the Investor Single Debit Report for the group being created/edited (mnemonic IGFIN/IGFPR).
The Forecast Interest field indicates the forecasted interest for the upcoming month. It is calculated by taking the ending balance and multiplying it by the rate, and dividing that total by 12.
The Forecast Principal field indicates the forecasted principal amount for the upcoming month. It is calculated by subtracting the Forecast Interest from the Principal and Interest Funds.