Accounting Map for Products

In this section of the manual, you will know how to map/configure accounting rules for loan products.

1. Once you create a loan product, select the loan product among the list of loan products as shown.

Open

2. Once you select the loan product (for example: housing loan one), you will see the below screen showing all the details. Click on ‘Map GL for Accounting’ as shown below.

Open

3. Once you click on ‘Map GL for Accounting’, you will see the below screen. Click on ‘Configure’.

4. Once you click on ‘Configure’, you will see the below screen which consists of various sections as shown below. Fill all the sections and keep clicking on ‘Next’ to proceed.

Under ‘Assets’ section, you will see the below screen. Fill all the mandatory fields as required and click on ‘Next’.

5. Under ‘Income’ section, you will see the below screen. Fill all the mandatory fields as required and click on ‘Next’.

6. Under ‘Expenses’ section, you will see the below screen. Fill all the mandatory fields as required and click on ‘Next’.

7. Under ‘Liabilities’ section, you will see the below screen. Fill all the mandatory fields as required and click on ‘Next’.

8. Under ‘Advanced Accounting Rule’ section, you will see the below screen. Click on ‘Add’ for each configuration and click on ‘Next'.

9. Under ‘Configure Fund Sources for Payment Channels’, you will see the below fields. Select accordingly from the dropdown and proceed.

10. Under ‘Map Fees to Income Accounts’, you will see the below fields. Select accordingly from the dropdown and proceed.

11. Under ‘Map Penalties to Specific Income Accounts’, you will see the below fields. Select accordingly from the dropdown and proceed.

12. Under ‘Map write off reason to expense accounts’, you will see the below fields. Select accordingly from the dropdown and proceed.

13. Under ‘Map transaction type to loan portfolio accounts’, you will see the below fields. Select accordingly from the dropdown and proceed.

14. Under ‘Preview', you will see the below screen which shows all the details entered by you. Review it and click on ‘Update’.