Receivables - EBS (MOSC)

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Can a create a new Loan with Principal + Fixed Interest Rate+ Variable Interest Rate?

edited Jun 20, 2017 5:06AM in Receivables - EBS (MOSC) 3 commentsAnswered

Hi everyone!

the customer is asking about create a Loan with the following transactions:

- A Principal

- Fees, none

- Variable Interest Rate

- Fixed Interest Rate

example:

Loan for machinery

- principal for 100,000.00

- Variable interest rate determined by federal government at 28 days

- fixed interest rate of spread 2%

Is possible through Loans by creating a new transaction in receivables and adding it to the loan type???

thanks in advance for the answers!!!

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