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AnimalsNeed's avatar
AnimalsNeed
Qrew Member
11 years ago

Can somebody help me create a report for loan/payment balances and a report to track past due payments?

So this is a multi-level question: My company gives out no interest loans and sets up a promissory note to receive monthly payments until the loan is paid off. Right now I have ?People? as a paren...
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XavierFan's avatar
XavierFan
Qrew Cadet
11 years ago
Do you have multiple payments per Promissory Transaction (i.e. the Promissory Note is a single loan)?  Or is each Promissory Transaction a single monthly payment?

How long is the loan term?  (12 months, 2 years, etc.)  And are all the payments monthly?  Are they due on a different day for each loan?  (i..e someone can have a payment due on 5th of every month, another person can have a payment due on the 12th, etc.)