New Received Credit
The Received Credits and Leases document type is used for managing the kinds of documents where our own company takes credits and loans from banks and other financial institutions.
In this chapter, we have prepared a user manual example of when our own company takes credit from a bank.
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Case summary
The person responsible wishes to create a Received Credit document. On July 1st 2022, the company Tecta a.d. received a credit in the amount of 20,000,000 EUR from Addiko Bank, with a repayment term of 36 months, and with the first 12 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 monthly installments.
- Opening the Received Credit document
- Entering data into the Header tab
- Preparing Installments
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The person responsible wishes to create a new credit document. For this purpose, he/she selects the Financials module from the menu, and opens Credits and Leases | Received, by selecting the created DKR0 / Received Credits document type.
The document form DKR0 – Received Credits appears on the screen.
To create a new document, the person responsible clicks the toolbar button 
(Insert record). A new record appears among the navigation buttons in the field 23-DKR0-??????, which receives a new serial number, and is saved when the button 
(Post edit) is clicked.
In the next step, the data is entered into the header:
- Clerk: The person responsible enters the clerk's name (Adele Administrator) by typing the first letters of the person's name, or by selecting it from the list that the program has generated, based on contact persons entered in the Subjects register.
- Document date: The person responsible specifies the date of the document, 1.07.2022.
- Status: The person responsible defines the status of the document from the list.
- Note: The person responsible writes a note for this specific document.
The person responsible starts entering data into the Header:
- Subject: Addiko Bank Plc., the bank from whom the company received the credit.
- Date of Approval: 01.07.2022, the date of credit approval from the loan agreement.
- Repayment Start: 01.07.2023, the actual start date of loan repayment.
- Loan Start: 01.10.2023, the date when interest calculation starts.
- Months of Moratorium: 12 months, the number of months for moratorium on payback of the principal.
- Interest Rate: C1, this is a code that the person responsible selects from the dropdown menu, and it was previously entered into the Interest Rate Markups.
The next step is creating installments.
The person responsible has received a Payment plan from the bank. In order to have exactly the same data in PANTHEON, the option By payment plan is selected.
After that, the Import from XLS for individual installments option is selected from the Import/Export data menu, as presented in the image below:
The following form appears on the screen:
The person responsible has to determine the path to the Excel file, by clicking the 3 dots on the right side of the File path field (option 1 in the picture Import Data). The Excel file has been prepared according to the Requested import structure.
Names of the columns in the Excel table (A: Annuity; B: Interest; C: Repayment...) correspond to the names given in the Import structure. This structure can be seen by clicking the Structure button (option 2 in the picture Import data).
After making sure that the file structure is correct, the person responsible clicks the Import from File button (option 3 in the picture Import data). Data from the Excel file is prepared, and the person responsible can select lines to transfer in the document, by selecting them.
Finally, everything is ready for creating installments by clicking the Create lines button (option 4 in the picture Import data).
Now, the credit received from Addiko Bank has all the essential data:
- Principal,20.000.000,00
- No. Of installments, 24
- and the Installments tab has all 24 Installments, received from the bank.
