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.