Provision Entries

This Feature provides for a loan in the form of a caution on your accounting books. The aim is to reduce shock in case there is eventually a loan default. There is a certain percentage of the loan total sum that you must provision on the accounting books as pottential losses, which inturn reduces the impact of the loan on your financial books in cases of default.

NOTE: Provision Entries can only be created from Market-> Term Loans-> Loans.

Fig 5 Provision Entries
Fig 5 Provision Entries