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Payment of Loan Maintenance Screen
One of the important activities of a microfinance organization that should be closely monitored is the payment aspect of the loans serviced to its clients. CommonCents provides this facility to enable the institution using this software to store payment information, to prepare billing report, and to monitor the rate of payment to enable one to determine the financial position of the organization. The Payment of Loan screen is used to process payments of loans availed. Through the use of this screen one can enter payments made, generate billing report, and generate payment report.
Topics:
Adding a Loan Payment Voucher
Processing Loan Payments for Individual
Generating Ideal Payments for All Clients
Generating Reports (Billing and Payments)
Processing Payments Made
Marking a Loan Payment Record as Checked