Interest on fixed deposits

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deepika (Querist)
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18 October 2012 Is there any formula to calculate interest on fixed deposits which are spread over different financial years? I am doing audit of trust now...they have fixed deposits with few banks and no tds on interest has been deducted. I have received the interest statements from the above banks as well as bank statements . Ti shoule match the interest with what???

@VaibhavJ

@VaibhavJ (Expert)
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19 October 2012 Hi

In MS Excel thre is built in Template to calculate Interest..

Open MS Excel * go To File & New option you will get that template.

Rgds//Vaibhav