Credit Types Parametric Definitions
Credit types are divided into three: bank loans, individual loans, corporate loans and commercial loans. Loan types called individual loans can be divided into three groups. Three types of loans can be used: consumer loan, housing loan and vehicle loan. On Workcube, these credits are saved to the system with the Credit Types screen on the parameters screen.
Path: Control Panel > System > Parameters > Credit Types

Credit types By clicking on the plus icon in the table, a new row appears. Type the credit type in the subject column of the line, click on the tick mark and save it. Editing is done after clicking on the pencil icon. The added loan types are saved on the Loan Types screen.
Note: Loan types can also be added via ERP > Finance Accounting > Loan > Loan types.
When saving your business's loans to the system, the type of loan taken is selected. In this area, you can choose from these loan types. Recommendation: For detailed information, you can read our article titled "Credit and Limits".
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Used to enter Individual, Corporate and Commercial Loans and their sub-breakdowns.