Setup Loan Categories

Contract Management for Drink-IT  •  Article  •  7/6/2023  • 

As a beverage company, you can agree to help the customer with investments in for instance his pub, bar or restaurant. When these investments are loans in money, you can have different types, that are distinctive in terms of pay back, interest calculation or posting to the customer ledger.
Loan categories define your different loan types. When you create new loans, you have to select such a category

  1. Select the Search icon alt text, enter Loan Categories and then choose the related link.
  2. Choose the New action.
  3. Enter codes as necessary and fill in fields. Hover over a field to read a short description.