Credits and leases

Credits and Leases

For managing credits and financial leases, you need to set up a corresponding document type. Documents for credits and leases can be set in Document Types register.

Here, you can also manage short term and long-term credits as well as financial (capital) leases.

The settings are accessed from the menu Settings | Program | Document Types. The form opens the Document Types register, where you click the panel Financials | Credits and Leases.

There are two subpanels:

• Given: document type for loans and leases that the company gives and are meant as company investments or receivables.
• Received: document type for loans and leases received from banks and other companies or financial institutions.

HINT Descriptions of fields on the panels Given and Received are the same, which is why the fields are described only for the Received panel.

Here is a description of the form and its individual elements.

1. Toolbar

Toolbar enables various functionalities in the Document Types register.

2. Header

In the header of the form, enter the data necessary to enter the type of document. The created archive document type is defined with the following data:

ID	Enter any three-digit alphanumeric code (ID) of the document type in the field.
Short name	In the field, enter any short name of the type of archive document that is printed on reports.
Name	Enter the descriptive name of the document type in the field.
Record Only	The checkbox is colored yellow if it is a record type of archive documents.
Group	Each type of document can be assigned a group so that it can be properly grouped in the menu.
Link to LT/LX menu	The setting of the field is mainly intended for accounting firms whose users of LT/LX programs connect via the cloud to the database on which the accounting firms also works, as well as independent users of LT/LX versions. Namig For more detailed instructions and field descriptions, see the chapter Link to LT/LX menu.
Classification	Select the document type classification from the drop-down list. Classifications can be created on the Classification Scheme form.

3. Tabs

• Credits: On this tab, you can define type of credit, document type for creating invoices, bank information etc.
• Posting: you can define the settings for posting by accounts.
• Field descriptions: you can change the names of some fields on the Received Credits form and set additional subjects.
• Status: Any number of statuses can be assigned to document types on the Status tab.
• Notes: On this tab, you can add a note for the document type.

• Permissions: On this tab, you can set authorizations for one or more users at the same time.