Auto loan repayments posting
This program allows the automatic transfer of funds from a members share account to their loan account. Before Curtains can post the entries you must specify the settings which the postings will be based upon.
User defined options

Account selection
- Shares = The share account(s) from which the funds will be transferred from.
- Loans = The loan account(s) which will be paid.
- Accept = Click accept to add this to the grid in readiness for posting. More than one entry can added to the grid. (i.e. Sh 1--> Ln 1, Sh 2 --> Ln 2 etc.)
- Clear list = Click to clear all criteria previously saved to the grid.
Account options
- Load previously saved selection = Load a previously saved set of account selections.
- Save account selection = Save the current selected account selection(s).
- Post scheduled transfers =
Posting settings
- Repayment date = All entries found where the next due date is either less than or equal to the date entered here will be posted.
- Batch number = A user defined batch reference.
- Pay run number = If a payrun number is entered, only members within that payrun will have a posting made to their loan account(s).
- Narrative = A narrative defined by the user which will appear on the members account and their statement printout.
Once all criteria has been entered, click
to post.
As the postings are made, a quick preview is shown as Curtains goes through your members accounts. An overall total is calculated and displayed at the end of this batch posting.
