Define Endorsed Loan Types

Explanation

This activity is used to define types of loans which can be created when outstanding loan installments are moved to another employee- endorsee for repayment.

Prerequisites

In order to perform this activity, multiple loans are required to be registered in the system.

System Effects       

When outstanding installments are moved to another employee- endorsee- they are set under the endorsed loan type.

Window

Deduction Parameters
Loan Endorse Type

Related Window Descriptions

Deduction Parameters
Loan Endorse Type

Procedure

1. Open the Deduction Parameters window and go to the Loan Parameters tab.
2. Select a loan for which you want to define endorsing loan types and right-click and click the Endorse Type option.
3. In the Loan Endorse Type window, create a new record in order to start defining a type of endorsing loan.
4. In the Endorsed Loan Type Id field, specify an id of the loan for endorsing. You can use the value list.
5. Enter a rank for the loan in the Rank field.
6. Save the information,