Proration formula for a front loaded plan
We have written a proration formula for a front loaded plan which is given below. Basically, we have taken the partial period rate formula from the Formula Guide and have made a few changes since we want the proration to happen on Day basis (Proration is happening on monthly basis in the FF given in Formula Guide).
We are getting the correct Final Disbursement value. But we are getting another row for 'Periodic accrual' which is returning the value (Total accrual - Final Disbursement). What is the mistake I'm doing in the formula which is returning this 'Periodic accrual' row?