Mapping loan type to account

Date Format

The date format applicable to the login user. Tell me more

Loan Administration Unit	Select the organization unit in which you must assign an account number for a loan type. Tell me more
Organization Structure Unit	From the drop-down list box, select the organization structure unit to which the information you define for the setup organization unit will be applicable.
	These organization structure units refer to department, grade, gradeset, scale, work location or department hierarchy
Basis	From the drop-down list box, select the basis value to which the mapping of the loan type to account will be applicable. The system loads the drop-down list box with the basis values depending on the parameter defined in the "Payroll Setup" component. Example, if the basis parameter is set as "Work Location" in the Payroll Setup component, the system loads the Basis value as "Work Location"
Release Payment OU	From the drop-down list box, select the Release Payment Organization Unit (RPOU) to which the mapping of the loan type to account will be applicable.
Finance Book	From the drop-down list box, select the code of the book of accounts of the company, in which all the accounting transactions pertaining to a business unit are recorded. The system loads the drop-down list box with the values based on the selection of the RPOU and the Basis combination.
Loan Type	From the drop-down list box, select the loan type to which a single general ledger account or multiple general ledger accounts must be mapped.

The system displays the following in the header based on the selection of the RPOU and Finance Book combination :

Bank Name

The name of the bank where the loan amount must be credited/debited.

To specify a common account number

Common Account for Item (Yes / No)	Select “Yes”, to indicate that a single, common account needs to be created for the loan type.
Common Account #	The common account number for the loan type chosen. This number must be defined already in the Chart of Accounts component of Financials.
From Date	The date from which common account will be applicable.
To date	The date until which common account will be applicable.

To specify separate account numbers for grades/gradesets

Select the “Get Details“ pushbutton, to view the details of all the grades and gradesets applicable for the selected loan type.
Enter the following in the “Gradewise Account“ multiline, to enter an account number for each combination of organization structure unit, organization unit and gradeset

Note: You cannot edit the Basis, RPOU, Finance Book and Bank values that have been mapped to a loan type.

Organization Structure Unit	From the drop-down list box, select the organization structure unit to which the information you define for the setup organization unit will be applicable.
	These organization structure units refer to department, grade, gradeset, scale, work location or department hierarchy
Employment Unit	Each organization unit to which the information you enter will be applicable. They refer to all organization units where the employment information of an employee is recorded
Grade Set	Each gradeset for which you need to assign an account, in order to record the transactions of the loan type.
Grade	Each grade for which you need to assign an account, in order to record the transactions of the loan type.
Account #	The account number that must be assigned to a specific grade or grade set. This must be a general ledger account that is defined already in the Chart of accounts component.
From Date	The date from which the account number is applicable
To Date	The date until which common account will be applicable.

Select one or more “Select” checkboxes in the “Gradewise Account multiline, to select the gradesets or grades for which separate account numbers must be assigned
Select the Save pushbutton.

6 Hyperlinked topics below

Page objective

Use this page to assign an account number for a loan type, so that all transactions of the loan type will be recorded through this account.

What you can do in this page