Overview
This entity stores the distinct type of borrowers for a better classification.
Navigation
General Ledger ► Sub Ledgers ► Loan/Advance Register ► Borrower
Borrower Screen Fields
Fields | Description |
Code | Unique identifier. System generated. |
Is On Freebalance Payroll | False (Default) |
Borrower Type | Classification of the borrower according type. |
Workflow Status | Workflow status of the Borrower |
Associated Institution | Institution of the Associated borrower |
Borrower Status | It's a read-only field that will be manipulated through the workflow. |
Overview
This entity will store information for those persons outside FB Payroll that could be applicable to obtain a Loan.
Navigation
General Ledger ► Sub Ledgers ► Loan/Advance Register ► Generic Borrower
Generic Borrower Screen Fields
Fields | Description |
Code | Unique identifier. System generated. |
First Name | First name of the borrower |
Last Name | Last name of the borrower |
Employee Code | Employee code of the generic borrower. |
Personal Identification Number | Unique person Identifier |
Date Of Birth | Generic borrower date of birth. |
Place Of Birth | Generic borrower Place of Birth |
Gender | Generic borrower Gender |
Associated Institution Code | Institution code associated with Generic borrower |
Designation | Designation of the borrower |
Vacated Date | Vacated date of the borrower |
Overview
This feature stores the general header information related to Loans.
Navigation
General Ledger ► Sub Ledgers ► Loan/Advance Register ► Loan
Loan Screen Fields
| Fields | Description |
| Code | Manual or automatically generated, depending on paramater configuration, unique identifier. |
| Workflow Status | The workflow process status of the Loan, automatically generated and updated. |
| Loan Type | Reference to Loan Type, in order to classify the entered loans. Drop down list to select loan type. |
| Borrower | The employee or entity acting as the borrower, look up functionality is available to select borrower. |
| Language | Allows to select country specific language to apply for Purpose attribute. |
| Purpose | Purpose, terms and references of the current loan. |
| Annual Interest Rate | Interest rate applicable on the current loan. |
| Total Principal Amount | The total principal amount of the current loan. |
| Start Date | Start date of loan. |
| Number of Repayments | Quantity of repayments to cancel the loan. |
| Expected End Date | End date of loan. Calculated by the system, this is a read-only field. |
| Special Conditions | Special conditions of the current loan. |
| Outstanding Balance | Outstanding balance of the loan, not editable. Calculated and updated from transactions of the loan. Initial value = 0 |
| Total Principal Paid Amount | Total principal amount paid. Visible, not editable. Calculated and updated from transactions of the loan. Initial value = 0 |
| Total Interest Paid Amount | Total interest paid amount. Visible, not editable. Calculated and updated from transactions of the loan. Initial value = 0 |
| Type of Scheduled Repayment Calculation | Used to validate the type of the calculation method for the payment schedule. Read-only, not editable field, value is taken from Loan type. |
| Created By | Read-only field, filled with logged in user automatically by the system |
| Creation Date | Read-only. System date, automatically filled in the system. |
| Approved By | Read-only. Automatically filled by the system with user that approves record. |
| Approval Date | Read-only field displays ystem date of approval of the record. |
| Principal Account | Principal Account of the Loan Type. |
| Interest Account | Interest Account of the Loan Type. |
| Others Account | Others Account of the Loan Type |
| Transaction Schedule | This contains the transactions schedule for the current loan. It is automatically generated and updated by the system. |
Overview
This entity stores the distinct type of Loans.
Navigation
General Ledger ► Sub Ledgers ► Loan/Advance Register ► Loan Type
Loan Type Screen Fields
Fields | Description |
Code | Unique identifier. |
Active | Indicates if the loan type is “active” for registry of cases True = Active, False = Inactive. |
Is Default Loan Type? | Indicates if the case type is the default type when creating a new instrument type entry. |
Number Of Repayments | The total number of repayments for the actual type of loan |
Deduction | Related deduction code for those employees on the payroll. |
Calculation Method | Equal instalment (Default) |
Language | Country specific language |
Name | Abbreviation of the loan type name. |
Description | Full description of the loan type. |
Principal Account | System will list the sub-ledgers with status Active = True and of type = 'Loan Register'. |
Interest Account | System will list the sub-ledgers with status Active = True and of type = 'Loan Register'. |
Others Account | System will list the sub-ledgers with status Active = True and of type = 'Loan Register'. |