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To create new Loans you can use 3 2 possibilities :

  • Main Action menu - menu New - Create New LoanFinancing List - menu Process - Create New Loan

  • Customer menu - from Customes Customers Card - menu Process Home - Create New Loan

Calculation creation wizard

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  • Legal Form - Defines customers legal form (entrepreneur, non-entrepreneur, legal entity)Customer - Select from activated customersLegal Entity)

  • Customer - the list of customers filtered based on the selected value in the Legal Form field, so that if you select:

Legal Entity, only customers who have set Legal Form = Legal Entity and the contact related type = Company will be displayed

Individual Non-Entrepreneur, only customers who have set Legal Form = Individual Non-Entrepreneur and the contact related type = Company will be displayed

Individual Entrepreneur - only customers who have set Legal Form = Individual Entrepreneur and the contact related type = Company will be displayed.

  • Sales Person - Used for person created the Loan

  • Maximal Principal - Maximam Maximum pre-approved Loan Amount

Click to the button Next

  1. Step choose:

  • Financing Product Code - Loan type with predefined default Financing paramaters as Validation, Series No, Calculation parameters(Calendar Month, Calculation method, Financing period, Rates, Fees) or Invoicing (Posting Groups, Payment Terms). For more information please see How To Create Financing Product.

  • Payment Due Date

  • Part Payment Period - Finnancing period - Month, Quarter, Half Year, Year

  • Principal Amount

  • Initial Fees - Fees for Issuying the Loan - separate invoice is automatically issued after the loan is approved

  • Service per Financing Period - Service amount is calculated in Payment Calendar

  • Insurance per Financing Period - Insurance amount is calculated in Payment Calendar

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