Support ›› Manual ›› Credit Management ›› Operations ›› Recurring Procedures ››
Loan Interest Charging (Ad hoc)
Use this sub-module to charge Interest on the Loan Products (Addition of unpaid interest on a loan to its principal balance) at a member's will.
To access this window, click :Credit Management- > Operations - > Recurring Procedures - > Loan Interest Charging(Ad hoc).
The following screen will open up :
Loan Interest Charging (Ad hoc) Fig 1.
On the above screen :
Customer Name -Click on the lookup icon to open the Customer Lookup dialog box
Loan Interest Charging (Ad hoc) Fig 2
Search for and select the customer whose interest is to be charged.
The selected customer's details - employer, station, account number, member number and personal file number - will be populated to the respective fields.
NOTE: Depending on the selected customer, will display the screen below
See below :
Loan Interest Charging (Ad hoc) Fig 3
On the lower tab:
Loan Interest Charging (Ad hoc) Fig 4
Click on the icon
to open the window shown below
Loan Interest Charging (Ad hoc) Fig 5
On the lower pane ,click the standing order you want to execute under the highlighted standing order execution history as shown below
Loan Interest Charging (Ad hoc) Fig 6
Then lick the save button
On successful completion you will get a pop up message confirming that the operation was successful.
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