On the Payment Details tab, you can provide information about this loan payment: contract, loan agreement, exchange rate used for the document, and the issued amount in the document currency.
The "Bank Payment (create)" form. The Payment Details tab
If you are manually creating this document, for adding a new payment to the same borrower, click the Add button on the table toolbar. As you add a loan document, the columns are populated with the corresponding data.
In the Contract column, specify a contract associated with the issued loan.
In the Loan Agreement column, select a loan for which this issuing of funds is intended.
Initially, the Loan Amount column is populated automatically with the loan amount which is specified in the Loan Agreement. The currency of the loan is indicated to the right in the field; by default, it is the currency of the contract. Specify here the actually issued amount in the contract currency if the loan is being issued in installments in the contract currency. If the issued amount is in another currency (document currency), enter it in the Payment Amount column, and the system will convert it to the loan currency and show the resulting amount in the Loan Amount column.
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 specify the issued amount in the document currency. The amount recalculated to the loan currency will be shown in the Loan Amount column. The Payment Amount column total must be equal to the value specified 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 > Money form. The column is populated in case of the bank payment based on a Money Payment (Plan) document.
If the Project Costing functionality is enabled in the application on the Administration > Settings > Project Costing form, you can link this bank payment with a related project which you can select in the Project column (to find a project, start typing its name or code in the column).
Make sure that the GL Accounts column is populated with the default account to be used for recording the loans issued.
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.