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Loan Capturing

edited Jun 9, 2021 10:02AM in Financials – General (READ ONLY) 3 comments

Summary

How to capture loan given to customers and Revenue generated

Content

Hi Team,

For one of our customer wants to capture loans given to customers. 

1. They give loans to customers with some interest rates and with some terms and conditions.

2. There will be bond between customer and client with information like repayment years and interest rate etc.

3. Currently they are capturing all the details in excel sheet and when ever they receive payment they are creating invoice in Accounts receivables Cloud. 

4. They wanted to capture this bonds in oracle and invoices to be created automatically based terms.

Please advise how we can achieve this process. if any one is having implemented this process. please advise how to implement this.

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