Change Base Rate of Variable Interest Rate Loans
There are two ways to change a loan’s base rate: * Either within the loan ; or * Processed within a bulk action Changing the Base Rate Within A Loan: 1.Go to Payments > Transactions > Click +Add 2.Select Transaction Type : Set Interest Rate 3.Fill out all required fields and adjust the Bas…
Schedule Future Transactions: Irregular payment schedules and Seasonal loans
OVERVIEW In order to schedule future transactions, go to Payments > Schedule Transactions . You can access this menu and add scheduled transactions at any time - even if the borrower’s repayment period has already started. Schedule Transactions Grid +Add button A) Use this button if there are one time…
