www.loanperformer.com

Table of Contents (Online Help)

Declassified loans repayment report

Classified loans are microfinance / bank loans that have failed to meet acceptable credit standards according to microfinance / banking practices and are in danger of default. Classified loans have unpaid interest and principal outstanding, and there is uncertainty whether the microfinance/ bank will be able to recover the loan proceeds from the borrower.

These loans should have been classified early according to ages in the ageing report under Loan\Portfolio Reports\Analysis Reports\Ageing Report

This feature enables booking of loans in arrears for a particular period to the respective GL accounts defined according to the age classes under System/Configuration/Loan product settings/Loan GL Accounts settings part 2. Declassification enables these amounts to appear on the balance sheet under assets (Financial report).

• Reporting date from: Enter the date on which your report should start e.g., "01/01/2016" and in the "to" box enter the date on which the report should end, e.g., "21/11/2018". 
• Recalculate interests for loans on declining balance?:  When this option is selected, you will be able to generate a report for outstanding loans as at a particular date inclusive of the accumulated interest for the time an installment on a loan has been defaulted.

• Report currency: From the drop down select the currency in which the report will appear, e.g., "UGX". In case the report has transactions in other currencies too, then LPF will convert all other transactions in to the report currency.
• Branch code: Choose the branch code from the drop-down or tick the Check for all Branches checkbox to include all branches.
• Credit officer: Select from the drop down box a particular credit officer whom you want to generate a report about, this may be to see the outstanding balances on loans that were handled by that officer. You may tick the Check for all option in order to have a report on all credit officers who may have handled Loans.
• Loan fund: From the drop down box, select a particular loan fund that you want to generate a report for. You may tick the Check for all option to have a report on all funds that are available in the system.
• Geographical area: From the drop down box, select a particular geographical area that you want to generate a report for. You may tick the Check for all option to have a report on all geographical areas.
• Loan product: From the drop down box, select a loan product that you want to generate a report about. You may tick the Check for all option to have a report on all loan products that are available in the system.
• Business Sector: From the drop down box, select a business sector from which you want to generate a report about. You may tick the Check for all option to have a report on all business sectors that are available in the system.
• Cost Center: From the drop down box, select a cost center for which you want to generate a report about. You may tick the Check for all option to have a report on all business sectors that are available in the system.
• Grouping/Order: Select from the drop down box how the report to be generated will be classified in the column title/heading, e.g, "Branch". If it is a corporate database. The report generated will hence be grouped per Branch.
• Report Format: Select from the drop down box the sequence in which the column titles in your report should appear. Loan Performer offers a variety of formats for you to choose from, e.g., "Format (1)".
• Client Category 1: From the drop down box, select a client based on the classification that you made at Menu Support Files Client Category 1 / Client Category 2 and Client Category 3. You may tick the Check for all option to have a report on all options under each client category.
• Loan Category 1: From the drop down box, select a classification of a loan that you made at Menu Support Files/Loan Category 1 / Loan Category 2 and Loan Category 3. You may tick the Check for all option to have a report on all options under each loan category.
• Guarantee Items: Select a class of items that were used as security for loans from the drop down box. You may tick the Check for all option to have a report on all the different classes that are available in the system.
• Additional filtering options?: This option is used to get a particular field or specification that you want. It helps you to narrow down the information that you need. When you check this option and click ok, a pop up screen will appear that looks as follows:

Contact LPF live support for more information
This service requires an Internet connection.