Setup of In-House Loans

To create an In-House Loan you need to:

·       Set up Payment Plan Finance Charges*

·       Configure the Payment Plant Control window (Admin), Assign the new payment plan to an individual using the Master Tab of the Subsidiaries window (Main), and Generate Payment Plans (Admin)

·       Set up Source Code Definitions for Payment Plans*

*These steps are necessary for all payment plan processing, so you should not have to complete them again if you have already processed payments for at least one plan.