6.2.3 Treating Outstanding

You can allocate the arrears on the loan account. The Treat Outstanding section displays the outstanding arrears component wise. Here, you can pay, capitalize, or waive the arrears.

To treat the outstanding:

  1. Navigate to the screen and fetch the account. For more information, refer Navigating and Fetching Account.
  2. Click the Treat Outstanding link.
    The Treat Outstanding section is displayed.
  3. You can specify the amounts in the appropriate fields. For more information on fields, refer to field description table below:

    Table 6-7 Treat Outstanding – Field Description

    Field Description
    Components Displays the components of the outstanding.
    Outstanding Displays the outstanding amount component wise.
    Pay Specify the amount to be payed.
    Capitalize Specify the amount to be capitalized.
    Waive Specify the amount to be waived.
  4. Click OK.