Fintech Lab
Lesson 14Accrual and engineering patternsIntermediate
Interest accrual
Earning interest daily, paying it monthly. The gap matters.

A user has ₦100,000 in a savings wallet. Your platform pays 6% annual interest. You do NOT credit ₦6,000 once a year, you accrue interest as an expense + payable every period, then capitalize it to the user's wallet on a schedule. The gap between accruing and capitalizing is when interest is 'earned' but not yet 'spendable.'

Fintech Lab is a free, interactive lab for fintech engineers. Real ledger, your own sandbox, engineering patterns from production. See all 85 lessons.

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