# How to Calculate Interest for a Term Deposit Account

Interest is normally calculated and posted to an account using a batch process that runs on a regular basis defined by your financial institution. You may use the calculate interest transaction to calculate interest due to a term deposit account as of the current date and between runs of the batch process.&#x20;

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### **To calculate interest for a term deposit account**

Locate the term deposit account by viewing the client that holds the saving account and clicking on the term deposit account under **Saving Account Overview**.

1. Select **Calculate Interest** from the action bar.\
   The interest earned from the date the term deposit was activated until the current date will be calculated and the **Interest Earned** field on the **Summary** tab will be updated.

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