Stopping Interest
The interest calculation in a deal or lease can be stopped as of a specified date. To stop the current interest calculation, create an adjustment with the type as “Stop Interest Calculation.”
How to Stop Interest in a Deal
Skipping Payments
Payments can be skipped in a deal or lease by making an adjustment with type ‘Skip Payment’. There is also an option for the number of payments you want to skip, as well as the next payment due date.