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Calculation creation via Wizard

Calculation creation via Wizard

This chapter describes the process of calculation creation in detail. To realizing calculation via Wizard is necessary to hold on four following steps, which you can find out in video below:

https://youtu.be/Mm1SCkMElvQ

 

Calculation creation

To create new Loan you can use 2 possibilities :

  • Main Action menu

    • menu New/Create New Loan

  • Customer menu

    • from Customers Card

      • menu Home/Create New Loan

Calculation creation wizard

The system opens wizard with 4 steps:

  1. Step

  • Legal Form

    • Defines customers legal form (entrepreneur, non-entrepreneur, Legal Entity)

  • Customer

    • The list of customers filtered based on the selected value in the Legal Form field

    • We are able to 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 Amount

    • Maximum pre-approved Loan Amount

 

  1. Step

  • 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

    • Financing period - Month, Quarter, Half Year, Year

  • Principal Amount

  • Initial Fees

    • Fees for Issuing 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

 

  1. Step

  • Financing Rate - Cost

    • Rate comes automatically from product matrix

    • Editable

  • Financing Rate - Margin

    • Rate comes automatically from product matrix

    • Editable

  • Financing Rate - Total

    • Calculated field

    • Not editable

  • Payment Amount Excl. Tax

 

  1. Step

Sumarization

  • Expected Termination Date

  • Initial Fee

  • Anuit

  • Insurance

  • Service

  • Payment Amount Excl. Tax

  • Total Loan Amount