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Postsdbo
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    <p>I do not think you can use a dynamic value for the <code>timestamp</code> used in the create event syntax. Instead run your event everyday, and you can use the <code>datediff</code> function in the where clause of the update query in the event to check which data should be updated. You could also check the exact date like this: <code>where day(now()) = day(commit_date) and month(now()) = month(commit_date) and year(now()) = year(commit_date) + 1;</code>, but you wouldn't update in the case of leap eyar, so you should use something like this:</p> <pre><code>delimiter || CREATE EVENT myevent2 ON SCHEDULE EVERY 1 DAY STARTS now() DO UPDATE lms.loan SET app_yearly_intrst = (app_ln_amnt *(computer_interest/100)) where app_loan_type = 'Computer Loan' and datediff(date(now()),commit_date) &gt;= 365; UPDATE lms.loan SET app_yearly_intrst = (app_ln_amnt *(miscellaneous_interest/100)) where app_loan_type = 'Miscellaneous Loan' and datediff(date(now()),commit_date) &gt;= 365; UPDATE lms.loan SET app_yearly_intrst = (app_ln_amnt *(motor_vehicle_interest/100)) where app_loan_type = 'Motor Vehicle Loan' and datediff(date(now()),commit_date) &gt;= 365; UPDATE lms.loan SET app_yearly_intrst = (app_ln_amnt *(mv_insurance_interest/100)) where app_loan_type = 'Motor Vehicle Insurance Loan' and datediff(date(now()),commit_date) &gt;= 365; UPDATE lms.loan SET app_yearly_intrst = (app_ln_amnt *(mv_repair_interest/100)) where app_loan_type = 'Motor Vehicle Repair Loan' and datediff(date(now()),commit_date) &gt;= 365; UPDATE lms.loan SET app_yearly_intrst = (app_ln_amnt *(salary_advance_interest/100)) where app_loan_type = 'Salary Advance Loan' and datediff(date(now()),commit_date) &gt;= 365; UPDATE lms.loan SET app_yearly_intrst = (app_ln_amnt *(tertiary_interest/100)) where app_loan_type = 'Tertiary Loan' and datediff(date(now()),commit_date) &gt;= 365; UPDATE lms.loan SET app_mnthly_intrest = (app_yearly_intrst/12), app_quarterly_intrest = (NEW.app_mnthly_intrest * 3), app_amnt_owed = (app_ln_amnt+ app_yearly_intrst) where datediff(date(now()),commit_date) &gt;= 365; END|| </code></pre>
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    1. POmysql Event running yearly calculations
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    1. USjeffery_the_wind
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    1. COIm getting the following error, im trying to find the error but its giving me a warm time, please if I could ask for some help again #1064 - You have an error in your SQL syntax; check the manual that corresponds to your MySQL server version for the right syntax to use near 'if datediff(date(now()),commit_date) >= 365 then if new.app_loan_type="' at line 7
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    2. CO@dames - Sorry The update needs to be inside the if statement, check my answer again.
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    3. CO@dames - again, i realized that the if ... then are not necessary and you should just add the criteria in the `WHERE` clause of the update syntax. Please see the new create event syntax above and let me know if it works.
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