Provisioning Entries
Provisioning Entries
On this page:
From the main screen, click on Accounting. This will launch the Accounting menu as shown below, 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 Manually - Click 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:
View provisioning entry
Complete the required fields:
View Journal entry