Provisioning Entries

Provisioning Entries

On this page:

From the main screen, click on AccountingThis 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 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 - Provide details of created by . 
    2. Created On - 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