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Loans and Charges

  • dmlumbe
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2 months 5 days ago - 1 month 1 week ago #23647 by dmlumbe
Loans and Charges was created by dmlumbe
The client wants to amortize Disbursement charges
1. Debit the client's account for full amount during disbursement
2. Credit a suspense account during disbursement.....
3. Monthly Debit the Suspense account and Credit PL.....until maturity.

In AA.PRD.DES.ACCOUNTING, Disbursement Fee is being Amortized.
Is there anything else I need to set up to complete this requirement?
Like where do I tell the system that amortization is monthly?
Last edit: 1 month 1 week ago by dmlumbe.

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