New Loans Post Transactions

Use the New Loans Post Transactions routine to finalize the new loans process for customers.  When you run the New Loans Post Transactions routine the newly created customer loans are activated and are attached to the customer account.

Important:  

• Review and maintain the New Loans Post Summary Printout for a complete audit trail.

• For more information on the timing and sequence of loans tasks, see the Loans Procedure.

• You can view the activated or posted customer loan information during the Loans Panel of the Customer Inquiry.

• For more information about running reports, see Print View.

Directions:

To see directions for...

• Opening the New Loans Post Transactions Routine, click More.

   

  1.  Click Processes from the Menu Bar.

  2.  Click Loans.

  3.  Click New Loans.

  4.  Click Post Transactions.
  
  Tip:  Or, use the keyboard shortcut:  [ALT] [p] [l] [l] [n] [o].

   

  New Loans Post Transactions Window Example:

  

   

   

• Choosing the Selections at the Prompt Window, click More.

   

  New Loans Post Transactions Prompt Options Tip:  To see more information about a field, click the hyperlink for the field name.
  Services	To select the services to post, click to check the appropriate services listed. Tip:  To quickly select or de-select all services listed, click the Check All icon .
  Companies	To select the companies to post, click to check the appropriate companies listed. Tip:  To quickly select or de-select all companies listed, click the Check All icon .
  Books	To select the books to post, click to check the appropriate books listed. Tip:  To quickly select or de-select all books listed, click the Check All icon .
  Winter Quarter is:	Displays the current Winter Quarter for your reference.
  Update Date	Enter the date to be assigned as the Loans Post Date for all loan transactions to be posted.
  General Ledger Period	For each service, enter the General Ledger Period number for the generated loan entries. (1-13) Note:  The General Ledger Period prompt is only available, if the Billing Post Parameters Update to General ledger System option is set to Yes.
  	To start the New Loans Post Transactions, click Proceed. Keyboard shortcut:  [ALT + p]
  	To escape without performing the New Loans Post Transactions, click Cancel. Keyboard shortcut:  [ALT +c]

   

• Report Sample(s), click More.

   

  To see an example of the report, click New Loans Post Transactions Summary Printout Sample.