| Format |
Choose credit format, whether it is loan or financial lease or operating lease or bank guarantee. For detailed instructions follow the link document type register. |
| Repayment Type |
Choose repayment type. For detailed instructions follow the link document type register. |
| Subject |
Enter the subject from whom we received the loan. |
| Contact |
Enter contact person from creditor. |
| External Contract No. |
Enter contract number that we found on contract. |
| Document 1 / Document 2 |
Fields are intended for any use for document 1 and document 2. |
| Date of Approval |
Enter date of loan approval that we found on loan agreement. |
| Repay. End |
Completion date of the loan calculated automatically when entering other parameters: start of repayment, the number of installments and the data number of installments per year. |
| Repayment Start |
Enter the actual start date of loan repayment. |
| Due VAT |
Enter the maturity date of VAT payment. For example: financial lease for the purchase of production machine, where the VAT is paid to supplier upon payment of the first installment. |
| Loan Start |
Date when interest calculation starts. |
| Months of Moratorium |
Enter the number of month for moratorium on pay back of the principal. Blank field means that there is no moratorium on principal.
A moratorium period is a time during the loan term when the borrower is not required to make and repayment. Is is a waiting period before which repayment by way of EMIs begins. Normally, the repayment begins after the loan is disbursed and the payments have to be made each month.
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| Our Contact |
Enter the name of person responsible for the loan in our company. |
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Interest Rate
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Choose interest rate from drop down menu (for example: three month Euribor). The second field shows value of selected interest rate. Interest rate value cannot be manually changed in this field. In case we do not have interest rate in our codebook and we do not want to add it we can leave it empty and manually entere percentage in field for nominal interest rate (Field Percentage).
Field remains colored red just to remain us that interest rate from codebook is not selected.
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| Percentage |
Enter the interest rate determined under the contract. For example: the nominal interest rate on the loan received. |
| Currency |
It is local currency by default settings. When loan is in foreign currency, we need to select it from drop down menu. |
| Principal |
Enter loan principal. |
| Deposit amount |
Enter deposit amount if agreed in contract. |
| Contract Value |
Contract value will be automatically calculated. Contract value is principal increased for deposit amount. |
| Tax Type |
Choose tax type from drop down menu. For example: purchase of production machine has tax type 2B. |
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No. of Installments
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Enter total number of installments agreed in contract.
Short term loan has maximum of 12 installments, long term contract has more than 12 installments.
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| Instalment type |
Yearly: one installment per year
Monthly: 12 installments per year
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| Total Credit |
The total credit is loan and interest throughout the period of repayment. |
| Total Payment |
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| Outstanding |
Outstanding amount is the total amount of the credit minus the total amount of payment. |
| Reference |
Reference box information is transferred to the payment order when preparing payments for the repayment of the loan principal or interest. |
| VAT |
 Mark whether this is credit with VAT or without it. The loan is generally exempt from VAT (excluding VAT). But if we have a financial (capital) lease is taxable with VAT. |
| Date Changed |
Enter the date when the interest rate change occurs. |
| Int. Rate |
Enter new interest rate. |
| Type of Change |
 Select the type of change from drop down menu that has been changed and will affect the calculation of the reminder of the installments. |
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Initiate recalculation of installments whenever there is a change in interest rate. The program will recalculate the loan installments with respect to changes in interest rates. |
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When we enter all credit parameters, we should click on Prepare Installments button. Pantheon will calculate installments which should be paid with respect of selected parameters. If we change some parameter in the document header, click Prepare Installments button. |
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