On the Payment Details tab, you can provide information about documents related to this bank payment.
current month payments intended for the loans received from the company-lender; paid principal amounts, interest, and fees should be listed separately.
The "Bank Payment (create)" form. The Payment Details tab in Single-Row mode
There is a switch for selecting the data-entry mode which is located to the right on the tab. There are the following two options:
- Single-Row Mode. This is the default mode. In this mode, you can apply the payment to a single loan and planning document.
- Table Mode. Use this mode to apply the payment amount to multiple loans.
Single-Row Mode
In the Contract field, you can select the customer contract associated with the loan.
The Planning Document field is available if the Use a payment calendar
If you are manually creating this document, for adding a new payment to the same lender, click the Add button on the table toolbar. As you add a loan payment or document, the columns are populated with the corresponding data.
In the Contract column, specify a contract associated with the received loan.
In the Loan Agreement column, select the received loan for which this repayment installment is intended.
In the Payment Type column, select the type of the paid amount from the following options: Interest, Principal, or Fee.
Initially, the Loan Amount column shows the scheduled amount of a specific payment type in the contract (loan) currency, then the amount can be edited.
The Rate and Factor columns are populated automatically according to the contract currency's rate with respect to the national currency on the document date.
Use the Payment Amount column to enter the actual repayment amount. If the amount is in the contract currency, it will update the value in the Loan Amount column. If it is in the document currency, the exchange rate will be recalculated to match the amount in the Loan Amount column. Make sure that the sum of amounts in the Payment Amount column is equal to the value in the Amount field on the Main tab.
The Planning Document column is available if the Use a Payment Calendar option is selected on the Administration > Settings > Cash Management Money form. The field column is auto-populated in case when of the bank payment is based on a Money Transfer (Plan) or Money Payment (Plan) document.
If the Project Costing functionality is enabled in the application on the Administration > Settings > General Settings Project Costing form, you can link a this bank payment with a related project which you can select in the Project field column (to find a project, start typing its name or code in the fieldcolumn).
The Accounts Rate and Accounts Factor fields are populated automatically according to the contract currency's rate with respect to the national currency in effect on the document date. If the rate is changed, the amount is recalculated in the Accounts Amount field.
In the Accounts Amount field, the amount that will be paid with the issued bank payment is shown in the accounting currency.
Table Mode
To add a document, click the Add button on the table toolbar. As you add documents, the columns are populated.
The "Bank Payment (create)" form. The Payment Details tab in Table mode
In the Payment Amount column, specify the partial amount which will be applied to a particular planning document or project. If the payment amount was split, make sure that the sum in the Payment Amount column is equal to the amount in the Total field below the tableMake sure that the GL Accounts column is populated with the default account to be used for recording the loan repayments of the selected payment type (Principal, Interest, or Fee).
To select another GL account, click the < > link in the GL Accounts column; then the same-name dialog box opens.
The GL Accounts dialog box
Select the account you need and click OK to save the selection and close the dialog box.
In the Transaction Content column, provide a brief comment for the paid amounts.