Loan Segmentation

If you loan money to customers that is recouped using an amortization schedule, you need to set up an contract type for the loan contract.

The following table illustrates a sample loan contract type.
Division/Contract Type Service Type Distrib.Code Loan A/R Distrib. Code Debt Class Bill Seg Type
CA/LOAN Other A/R - LOAN A/R - STLN UNRE LOAN

Fastpath: Refer to Setting Up The System To Enable Loans for more information.