Transaction Processing

Owned by Ed Cable
Last updated: Jun 21, 2014

Transactions made to client, loan, and or savings accounts - either entered individually on account details, or using collection sheets.

Loan Transactions

After a Loan account is in Approved status, transactions can be made to the account. These transactions include the following:

  • Disbursing Loans
  • Loan Payments - Partial payments, early payments, waiving of fees and penalties, backdated payments, adjustments to the last transaction made to the account

Note:

  • The transaction entries listed here are not included in the Change Logs.
  • Each one of the transaction entries are made against the correct GL Code picked from the chart of accounts defined for that HO. The details on transaction entries in the database are part of the design document.

In addition, loan disbursals can be reversed.

Savings Transactions

Fees / Penalties, and Collection Sheet Entry

Import Bank Transactions