Lona Management Integaration with FI - Process flow order

[Former Member]

Dear Experts:

Please explain me loan management business process order wise and period end activities along with transaction codes -

In this scenario we are providing loan and loan as customer  and we are posting loan to customer account - loan payment will be paid with installments and additional deposits as if and Interest will be calculated and penalties will be calculated on arrears on interest.

Loan Management

Loan application

Loan application Settlement

Process flow loan in Loan management - and Post to FI (Customer Account)

Loan Collection (Installment) in Loan Management - and Post Entry in FI (Customer Account)

Interest Calculation in Loan Management - and post Entry in FI (Customer Account)

Interest on Interest due (penalty on interest arrears) – and post in FI (Customer Account)

Return loan management If any  - post entry in FI (Customer Account )

Loan Management

Period end activities

As per my understanding 1st posting will take place in loan account and then will be post to customer account.

Regards

Sadiq

[former_member217328]

Send me your email and I can provide you a document.

Thanks

Mahesh

[Former Member]

Dear Mahesh,

rakinfico@gmail.com

Regards

Sdiq

[sreeharli_tokala]

Hi Mahesh,

Can you please provide the Loans Management document to my Email ID: sreehari.tokala@gmail.com.

it will be more helpful to me if you can able to send Document.

Best Regards,

Sreehari.