Interest can be computed in Revmgt on a monthly schedule or semi-annually,


Note:  A Compute Group for Interest must be created in the Configuration Dashboard and Compute Groups for the Tax Year you are working in.

  1. go to Real Estate
  2. Verify the Tax Year in the top, right corner
  3. Click Compute on the left task menu
  4. Select Fiscal Month and confirm Fiscal Year
  5. Select the Compute Group of Interest for the current tax year
  6. Click Compute Charges (purple button on the right)
  7. A process window will open and run and will let you know when it is complete
  8. Then, click Verify Charges (top of screen) and confirm


Note:  Interest is run the same way in Personal Property Detail and Personal Property Summary.