Posting Given Credit Installments

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

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

Case summary The person responsible wishes to post an installment for the 23-GKR0-000003 Given Credit document. The 23-GKR-000003 document 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 into the Posts tab           2.1. The Post tab 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 Credits and Leases | Given, by selecting the GKR0 / Given Credits created Document Type.

The document form DKR1 – Received Credits appears on the screen. In order to find the specific document 23-GKR1-000003, the toolbar navigation buttons are used. The Selected document 23-DKR1-000003 opens on the screen.

Hint For instructions on 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 the bank statement post, we have the following situation:

2. Entering Data into the Posts Tab

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

2.1. The Posts tab

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

Accounts Fields for Interests and Payable Interests are populated with data from the Document Types register (Given Credits), configured at the Posting tab, in the Account for Interest field. 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 Post button is clicked, the posting process is carried out.

2.2. Automatic Posting of Given Credits and Leases

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

On October1^st 2023 (the first Installment due date), the person responsible has to perform the post of this installment, by following these steps:

• Document type: From the dropdown menu, the person responsible selects the 4701 document type, for journal entry.
• Posting date: The person responsible enters the posting date, 01.10.2023.
• Select: The person responsible deselects all documents from the Documents to be Posted list, with the Deselect all button, and then the person responsible selects line 1, shown in the image below.

Now, everything is ready for posting.

3. Posting

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

The following document appears on the screen:

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