Features

Some of the main features of this module are:

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You can differentiate loan products by adding the 'Property' category.

Invoices for loan installments are automatically generated by the scheduler based on dates.

Print a PDF report to see loan details.

The user can send an email with a PDF file for loan details.

Server Actions 1. To update loan installments invoices number. 2. To Create loan installment invoices manually before today date.

Selecting loan installment items You can delay installments by a certain number of days or months, and reset them if necessary.

It provides all transaction information such as Transaction history, Payment history, Outstanding balance, Invoices, Due days, Taxes, insurance, principal, and interest in one view.

Creates Processing fee invoice when validating loan. .

The extra loan amount can be paid with some options. For example, cover that amount only with the principal or with installments or both.

If there are any partial or unpaid loan installment invoices, the loan should not close. Closing a loan cancels all draft and open installment invoices. Add ‘C’ after the loan name.

Views loan details and payment amounts from customer view, so the user can see the total loan amount and total payment amount of any customer.

The Total Cashed and Paid details from the product view are shown.

History of loan installment invoices and payments with current balance. Creates a transaction history when the loan installment invoice is validated, and also removes it when it is cancelled.

Payment history of all loan payments and linked invoices with payments. Creates a payment history when you pay and removes it when you cancel the payment. On unreconciliation of payments, removes invoice link from payment history.