New given credit - By payment plan

Document type Given credits and leases company use for managing those kinds of documents where company gives credits and loans to other companies or individuals. In this chapter we have prepared user manual example where our own company gives credit with Repayment Type: Equal Annuity.

Case summary The person responsible wishes to create a Given credit document. On July 1th 2023. Company Tecta a.d. gave Alpha Trade CA Ltd. a credit in the amount of 20,000,000 EUR with a repayment term of 36 months, with the first 3 months being a grace period. Interest is calculated at 1% per annum and is added to the principal debt. Repayment is made after the grace period in 24 equal annuities. This is done as follows: Opening the Given credit document Entering data in tab Header Preparing installments

1. Opening the Given credit document

The person responsible wishes to create a new credit document. For this purpose, in the Financials module is selected option Credits and Leases | Given . 

The document form GKR0 – Given Credits appears on the screen

To create a new document, the person responsible clicks the taskbar button  (Insert record). Among the navigation buttons a new record appears in the field 23-GKR0-??????, which receives a new serial number and is saved, when the button   (Post edit) is clicked.

In the next step, the data in the document header are entered:

• Clerk: Enters the clerk's name Adele Administrator, by typing the first letters of the persons name or by choosing from the list that the program has generated based of contact persons entered in the Subjects register.
• Document date: Specifies the date of the document 1.07.2023.
• Status: Defines  the status of the document from the list.
• Note: Writes the note for this specific document

2. Entering data in tab Header

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