7.8 Specifying the Preferences of the Contract

Although schedules are inherited by a loan from the product, through the Contract Preferences screen, you can to define your own schedules for a loan.

A schedule date:

• Should be later than or the same as the Value Date.
• You can have only one schedule for a component for a date.
• It cannot be beyond the Maturity Date

This topic contains following sub-topics:

• Types of Repayment Schedules
  
• Defining Installment Schedules for Loans
  
• Specifying the Amortization Type
  
• Liquidating Back Valued Schedules
  
• Repayment Schedule Date is a Holiday
  
• Moving Schedules Forward or Backward
  
• Moving Schedule Dates across the Month
  
• Cascading Schedules
  
• Specifying the Holiday Currency
  
• Specifying the Mode of Liquidation
  
• Ascertaining the Availability of Funds
  
• Contract Schedules Screen