Does Funding of a Loan reduce the Balance of the Loan Amount?
Hi there,
We are in R12.2.7.
We have Forgiven Loans on which Funding reduces the Balance of the Loan Amount, as if the Loan was Billed. And it shows the disbursed (funded) amount under the "Payments" column of the Amortization schedule.
Is this an expected functionality for Forgiven loans?
All your input is highly appreciated,
Regards,
DE