Posting Given Credit Installments

In PANTHEON, created Installments credits and leases can be posted directly from the document.

In this chapter we have prepared user manual example of posting installments for given credit.

Case summary The person responsible wishes to post installment for Given credit document 23-GKR0-000002. The document 23-GKR-000002 shows short term credit, that our company gave to Alpha Trade CA Ltd. The person responsible will post it as follows: Opening the Given credit document Entering data in tab Posts           2.1. Tab Posts           2.2. Automatic posting of given Credits and leases Posting

1. Opening

In order to post a given credit document, the person responsible selects the Financials module from the menu and opens the Credits and Leases | Given by selecting created Document Type GKR0 / Given Credits.

The document form DKR1 – Received Credits appears on the screen. In order to find specific document 23-GKR1-000002, the toolbar navigation buttons are used. Selected document 23-DKR1-000002 opens on the screen.

Hint For instructions how to create the above Credit document, see chapter New given credit.

Hint On July 01th 2023 our Company gave the amount of 500.000 RSD to Alpha Trade CA Ltd. On bank statement post we have following situation:

2. Entering data in tab Posts

To post the document, the person responsible clicks the tab Posts.

2.1. Tab Posts

In tab Posts, the selected given credit will be posted.  

The Accounts fields for Interests and Payable Interests are populated with data from the Document type register (given Credits) configured at Posting tab in field Account for Interest. The person responsible can change the data if needed.

Hint For instructions on how to fill in the document type register, see chapter Credit and leases, in the Tech Guide for PANTHEON.

When the button Post is clicked, the posting process is carried out.

2.2. Automatic posting of given Credits and leases

After clicking the button Posts, form for Automatic Posting of Credits and Leases appears on the screen:

On October the 1st 2023 (the first Installment due date), the person responsible has to perform the post of this installment, following these:

• Document type: From drop-down menu selects the document type 4701 for journal entry
• Posting date: Enters the posting date, 01.10.2023.
• Select: Deselects all documents from Documents to be posted list with button Deselect all and then selects the line 1, shown in the image below.

Now, everything is ready for posting.

3. Posting

The person responsible clicks the button  in the upper right corner.

Following document appears on the screen:

After posting the bank statement, the person responsible has done the posting: