Compound month by month
Each installment uses the previous rounded amount, so interest compounds instead of staying fixed at the original amount.
Set the starting amount, monthly interest rate, number of months, and start date. Worcora creates each invoice with the next amount calculated from the previous month.
The third month uses €105.00 as its base, so the 5% interest is €5.25. Currency amounts are rounded to cents before the next month is calculated.
Set the starting amount, monthly interest rate, number of months, and start date. Worcora creates each invoice with the next amount calculated from the previous month.
Each installment uses the previous rounded amount, so interest compounds instead of staying fixed at the original amount.
Start a schedule in the past or plan ahead. Dates are generated month by month, including sensible month-end dates.
Choose up to 120 months and generate the complete invoice set in one transaction with unique invoice numbers.
Enter the invoice prefix, starting amount, monthly rate, number of months, and start date.
Review the monthly calculation before saving the plan.
Worcora creates the full schedule with installment numbers, dates, totals, and payment records.
Give a spectator access to the invoice and payment history for the date range you choose.
The third month uses €105.00 as its base, so the 5% interest is €5.25. Currency amounts are rounded to cents before the next month is calculated.
The first invoice uses the starting amount. Each following invoice applies the monthly rate to the previous month’s rounded amount. At 5%, €100.00 becomes €105.00 and then €110.25.
Yes. You can select a past date, and Worcora creates the invoices using that date as month one.
It creates the complete invoice records in your finance area, including issue dates, due dates, totals, currency, and installment numbers.
Create the schedule, then give the right teammate a read-only view of the invoices and payments.
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