The interest calculator can be run for all matters/clients or specific ones:
From the Accounts Desktop select the Control tab.
Go into Interest Calculator.
Select one of the options either Matters or Clients if you want to select specific Matters or Clients or pick the System option to show all matters on the system.
Put in your end date or a date range if required, if the interest is calculated up to a last date and has been paid you wouldn't require a from date it will work all interest since last paid.
Select Calculate this will give you all the matters due to have interest paid against them.
You can Select all with a tick box at the top.
Select the Report button at the bottom to see a list and save this or print out.
Select Update if you are happy to pay all the interest.
A Posting Options box will pop up for you to add the details required for the Period and Date of the posting.
Select the nominal and which bank the posting is going against.
Select OK.
📌Note: Unfortunately you can't work out using the bulk interest calculator on a specific monetary sum like for example 1,000 out of the balance of 3,000 on a matter.
This will have to be done via the Manual Interest Calculator where you can put a figure in and it will calculate on the interest rates you have set up on the system.