Variable Loan Control Details
Purpose
Provide Control Details for the key month end setup
parameters and allow file paths to be selected for custom reports
Also controls the Transaction Types used
for Instalment postings, and the calculation method for the Planned
Rate Change Process
Access
- Variable Loan | Edit/View Variable Loan Control Details
Dialog Details
Module Details Specific Fields
Field | Explanation |
Instalment Future Account Transaction Type | This is the Transaction Type that will be used to post the instalment transaction to the future ledger of any Variable Loan account that is set up for instalment posting The selected Transaction Type must have the below fields set up as:
When Post Instalments is run, this will result in a credit transaction on the future ledger |
Instalment Current Account Transaction Type | This is the Transaction Type that will be used to post the instalment transaction to the current ledger of any Variable Loan account that is set up for instalment posting The selected Transaction Type must have the below fields set up as:
When Post Instalments is run, this will result in a debit transaction on the current ledger |
| Interest Rate Change Default Action | The option selected here will determine the calculation method used when running the Create and Maintain Planned Interest Rate Change process is run |
Post Revaluations | |
Post Accrued Interest |
Cost Items
The second section of the Control Details Dialog is where
the Loan Cost
Items are set up
Setup of this dialog is only required if the 
dialog on the Variable Loan Account Details
will be used
The section may be left blank if the loan advances will be
made through the Cashbook and Account Transaction functions
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