When the contract is in status Active, it's possible to change Financing Rates, Financing Period and Principal Amount.

All the changes you make are reflected in 3 places - Calculation Lines, Payment Calendar, Financing Contract Changes. For more information about general contract changes see attached video:

In this case, we are choosing the process of changing Principal Amount, which is described below:

Step n. 1

At the beginning, you must find the Contract, on which you want to change Principal Amount. On dashboard click on Active and choose the concretely Contract.

Step n. 2

Then you will see Financing Card. Click on button Process and Change Principal Wizard.

Step n. 3

Into field New Principal Amount, enter the amount of new Principal Amount.

Then click on Next and Finish.

Note:

After realizing changes, it's necessary to update calculation through button called Calculation, which is situated in section Process. All of the changes you made will be reflected in the Calculator Lines, Financing Contract Changes and Payments Calendar.

Follow up:

How to work with contract changes

How to change financing period

How to change financing rate

How to work with early termination

How to work with bulk changes