Credit and Limits
Credit and Limits and the contractual provision of banks and sellers; Payment and collection transactions of loans are carried out.
Path: ERP > Finance Accounting > Credit > Loans
Loan registration is carried out by determining the required Transaction Type, Loan Number, Loan Institution and Interest Rate of the Loan for the loan agreement made on the Loans screen.
Attention: Before making loan transactions, the Loan is registered. You must define the types and Transaction Categories. For more detailed information about the parameters to be defined, you can read our article titled "Credit".

1. Information regarding the payments made for the loan is entered in field no.
2. Collection information regarding the loan and the contract to which it is related is entered in the field no.
Attention: In the Budget Items and Chart of Accounts for payment and collection transactions; Data regarding payment and collection must be defined.
Transactions are carried out by using the + icon in the marked fields for the new payment and collection to be made based on the credit.
The total Payment and Collection amounts made for the loan are displayed in the 3rd field.
Records related to the credit record are followed on the listing screen. The requested information is displayed according to the selections made in the filter field. With the Grand Total information, total payment and collection information for all loans belonging to your company is tracked.

Limits
Credit institutions allocate a limit before granting a loan to a business. Limits are the total loan amount you can get from that institution. The credit limit to be given for the institution you will lend the loan to is;
Path: ERP > Finance Accounting > Credit > Limits screen.

The results of the loan payments and collections can also be followed through Cash flow and FA-Agenda Summary reports to the Manager.
Path: ERP > Finance Accounting > Cash Management

Path: BI > Reporting > Report > Agenda > FA-Agenda

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Loans received from the bank are entered under loan as loan agreement and financial loan agreement. Credits and Limits and contracts made by banks and sellers; Payment and collection transactions of loans are carried out.