# Creditors setup for interest

Setup the various Creditors for interest

[![image.png](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2023-10/scaled-1680-/mA1image.png)](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2023-10/mA1image.png)

Search for the Creditor that you want to setup

Edit the Creditor and go to Acct Details tab, click on Interest button

[![image.png](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2023-10/scaled-1680-/4jYimage.png)](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2023-10/4jYimage.png)

<table border="1" id="bkmrk-interest-details-act" style="border-collapse: collapse; width: 100%;"><colgroup><col style="width: 21.4198%;"></col><col style="width: 78.7038%;"></col></colgroup><tbody><tr><td>**Activate Interest**</td><td>Click on Activate Interest on this Creditor to run interest on</td></tr><tr><td>**Minimum Amount**</td><td>Specify a minimum amount that interest should start charging on</td></tr><tr><td>**Period**</td><td>Specify a period great than Current in order for interest to be calculated</td></tr><tr><td>**Interest Rate**</td><td>Enter a value for the interest rate</td></tr></tbody></table>