If yes, the frequency of accruals, which could be daily, monthly, quarterly, half-yearly or annually, should be specified for each product (through the Product Preferences screen).The accruals are carried out at the specified frequency by the Automatic Contract Update function. In addition, ...
Monthly Quarterly Half Yearly Yearly Charges for all the accounts linked to the product will be liquidated, automatically, according to your specifications, during the end of day processing on the day the liquidation is due. If you opt to liquidate charges on a quarterly, half-yearly, ...