Defining Loan Options

Defining Loan Options

The topics in this section describe how to set up the system to enable loan functionality.

Note:

Loans are optional. The system configuration requirements described in this section are only relevant if your organization loans money to customers.

The Terms Of A Loan Are Stored On A Service Agreement

Payoff Balance and Current Balance for Loans

Booking The Principal Amount Using An Adjustment

Loan Amortization Schedule Calculation

Billing For Loans And Interest Calculation

Paying What Is Owed

Overpayments On Loans

Adjusting Loan Amounts

Writing Off Loans

Distribution Codes for Loans

Setting Up The System To Enable Loans

Parent topic

Customer Care and Billing Administrative User Guide