Fixed Loan Post Instalments Due

Fixed Loan Post Instalments Due

Purpose

Post Instalments due up to and including the posting date on Fixed Loan accounts

Timing

This process is run daily

Access

  1. Fixed Loan | Post Instalments Due

Process

The posting date will default to yesterday’s date






    • Related Articles

    • Post Instalment Details

      Purpose Post Instalments due up to and including the posting date on Fixed and Variable Loan accounts This process: Deducts the instalment amount from the future ledger balance and debits the current ledger balance Posts the accrued default interest ...
    • Variable Loan Post Instalments Due

      Purpose Post Instalments due up to and including the posting date on Variable Loan accounts Timing This process is run daily Access Variable Loan | Post Instalments Due Process The posting date will default to yesterday’s date
    • Post Lease Instalments Due

      Purpose Post Instalments and Recurring Charges due up to and including the posting date and create a Direct Debit batch for the amount due Access Lease | Post Lease Instalments Due Process - Post Lease Instalments Due Field Explanation Posting Date ...
    • Fixed Loan Finance Details

      Purpose To provide a breakdown of the loan cost items and allows the management of instalments Timing The Finance details may be accessed at any time. Instalments may be altered during the life of the loan. It is recommended that if further funds are ...
    • Fixed Loan Account Type Setup

      Purpose The Fixed Loan Account Type details setup will specify the calculation rules, Transaction Types and General Ledger codes that are used to post control transactions on the Fixed Loan Account. Access Account | Edit/View Account Types | | ...