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Provisioning Entries


Panel

On this page:

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From the main screen, click on Accounting. This will launch the Accounting menu

. A menu will be launched like that

as shown below,

From

from the menu Select Provisioning entries. 


 Note: You should have created provisioning criteria and once a loan falls under arrears, provisioning entries will work.  

Create Provisioning Entries 

System generated - Once the provisioning criteria is created , on the loan areas depending upon the criteria set, then provisioning entries will be created automatically. A scheduler job "Generate loan loss provisioning" will execute this process.  

Creating ManuallyClick on the blue Create provisioning entries button at the top-right of the screen.

  This will launch a new page like the image shown below: 

Take note that this field is mandatory as it has an asterisk(*)

 

Complete the required fields:  

    1. Select Date.  
    2. Optional field - Check the check box for Create Journal Entries.  
    3. Click on Submit button.  

View provisioning entry 


Complete the required fields:  

    1. Created By - Provides Provide details of  of created by . 
    2. Created On - Provides Provide date of creation .
    3. Journal Entry Created - Check box confirms journal entry created.  
    4. View Report - Click on view button to view report. 
    5. Recreate Provisioning - Click on recreate button to recreate provisioning.  
    6. View Journal Entries - Click on view button to view journal entries.  
    7. Click on Submit button. 

View Journal entry