× Discuss on Arrangement Architecture (AA), AA Core, Lending, Deposits, Accounts, Proxy services, Internet Services, etc…

Loans and Charges

  • dmlumbe
  • Topic Author
  • Offline
  • New Member
  • New Member
1 year 2 months ago - 1 year 1 month 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 year 1 month ago by dmlumbe.

Please Log in or Create an account to join the conversation.

Time to create page: 0.092 seconds