COM83013 - Interest: interest demands and statements: interest statements (Action Guide)

To issue an interest statement to a company, its agent or both, consider steps 1 - 3 below. The guide is presented as follows:

Step 1 Company or agent address not a foreign address

Steps 2 - 3 Company or agent address is a foreign address

Company or agent address not a foreign address

1. Use Function IINT (Issue Interest Statement) to issue a calculation of the interest to the company, its agent or both as appropriate.

Company or agent address is a foreign address

2. If the company or agent address is an overseas address, use Function RMIC (Raise Manual Interest Charge) to:

  • take a screen print of the interest calculation and then
  • take a screen print of the interest calculation and then

3. Send the screen print to the company, its agent or both with a suitably worded covering letter.