Overview of a loan Profile.

Overview of a loan Profile.

Here, you'll find everything related to a specific loan profile.

1. To navigate to a Loan Profile;

      Click on 'All Loans' in the dropdown menu of 'Loans' as shown below.
            

      Find the specific loan from the Loan Listing Table as shown below and click on either the 'customers name' or the       'Go>>' button to navigate to the specific loan profile.
              

2. The Loan Profile.
      I. General Details.

             
           
            You'll find general details about the loan profile.
            a.) Loan Application Status.
                  

            The "ribbon" shows the application status of the loan and the "buttons" show what actions can be performed for the             different stages of the loan application.
                  They include;
    
                  Draft -> This shows that this is a new loan where no actions have occured. It is simply a draft. ie. Appraisal or                           Disbursement have not been initiated. 
                   

                 Actions

                  Actions available in this status depend on whether Appraisal is on or off.
                  Appraisal on.
                  
                  You can initiate Appraisal
                  Appraisal off.
                  
                  You can initiate Disbursement and Post the Loan.
                  In Appraisal -> This shows that Appraisal was initiated for the particular Loan and it is waiting to be posted.
                
                  Actions
                                            
                  You can resubmit the loan for approval and 'Approve' or 'Decline' based on whether you are an approver.

                  Denied -> This shows that the Approval was denied for the particular loan.
                  
                  Actions
                  
                   You can only delete the loan.

                  Approved -> This shows that the Appraisal was approved for the particular loan and it is waiting for the                   disbursement process to be initialized.
                  
                  Actions
                  
                  You can Disburse and you can Post the loan.

                  Disbursing -> This shows that the disbursement process has been initiated.
                  
                  Actions
                  
                  You can post the loan.

                  Failed -> This shows that the disbursement process failed.
                  
                  Action
                  You can only delete the loan.

                  Completed -> This shows that the disbursement process was successfully completed.
                 
                  Actions
                  
                  You can generate a statement and you can delete the loan.
            

            b.) Loan Summary Table 

            The loan summary table presents basic data pertaining to the loan profile.

            c.) Loan Details Tabs

                  The "Loan Schedules" tab displays scheduled installment payments, which encompass the scheduled date, principal amount, applicable fees, and interest. Additionally, it offers the option to toggle between the scheduled and accrued schedules.
                  

                  The "Payment History" feature enables users to switch between "Allocated Payments" and "Actual Payments Made," providing the ability to reverse a payment or record a bounced check scenario.                       Additionally, users can record payments within the tab using various methods such as Paybill Payment, Bank Payment, or Other Payment Method.


                  The "Charged Penalties" tab displays the total amount of penalties charged for the entire loan and provides detailed information about penalties associated with specific installments. Additionally, it offers the functionality to reverse penalties either from specific installments or the total penalties at once.


                  The "Accounting" tab provides comprehensive details about the loan account and any outstanding          invoices. Additionally, users have the option to post an overpayment through this tab.


                  The "Loan Fees" tab displays information regarding fees charged for the loan and offers a functionality for users to add a fee to the loan.


                  The "Penalties Settings" tab enables users to select the penalties computation method between the current installment balance and the total loan balance. Additionally, it offers information regarding penalties for a loan and provides options to suspend or activate the penalty, along with a link to the system's penalty settings.


                  The Accrual Plan toggles between both the standard and custom accruals and has the functionality to adjust the interest calculation method buy clicking the 'Flat Rate' button.


                  The "Journals" tab shows the list of journals for the specific loan and the 'New Loan Journal' allows one to add a new journal to the loan,

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