List of accrual rate ranges. Which range applies depends on a comparison of the last amount due with amount_due_lower_limit. For example, suppose you execute the endpoint with the following parameter values.

{
  'transaction_category_id': 107178,
  'accrual_type': 'WITHDRAWAL_INTEREST',
  'period_to_calculate: 'AFTER_DUE_DATE',
  'default_rate': 10.70,
  'rate_if_overdue': 12.70,
  'validity_to_calculate': 'IMMEDIATE',
  'ranges': [
      {
          'amount_due_lower_limit': 1000,
          'default_rate': 10.00,
          'rate_if_overdue': 8.123456
      },
      {
          'amount_due_lower_limit': 3000,
          'default_rate': 9.25,
          'rate_if_overdue': 7.351451
      }
  ]
}

If the last amount due is 4000, then both of above ranges are valid, but the amount_due_lower_limit with 3000 is the closest, so the values for default_rate and rate_if_overdue in the second range are used to calculate accruals.

Notes:

• Either default_rate, rate_if_overdue, or both must be provided in each range.

• The rate division by total days is not affected by whether or not ranges are defined.

• The Overdue strategy start program parameter also impacts the amount due. For more information, refer to the entry for that parameter in Program parameters.