1. HOW DOES IT WORK?

• Loan types are monitored and managed through system adaptations. 

• Loans are transferred to the system from the loan entry screen. 

• For spot and revolving loans, financing expenses are automatically calculated and the data coming

from the bank can be confirmed by the system. 

• Installment-based loan principal amount, installment dates and interest expense data are entered. 

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• Relevant accounting documents can be displayed from principal and interest tables. 

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• Interest accrual is automatically calculated according to the loan principal and interest amounts. 

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• Accounting documents for the part of the financial expense accrued at the end of the month can also

be followed. 

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• In the accounting document, loan debts can be divided into two as short-term and long-term. The

calculation is made by the program according to the maturity structure. 

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• Paid loan items can be selected and saved, viewed and reverse accounted through Loan Payment Program. 

2. BENEFITS

• The management of loans and similar borrowing products can be done reliably and without errors. 

• Bank reconciliations regarding loan payments are easily fulfilled. 

• Accounting documents of principal and interest payments are created automatically. 

• Loan payments calendar and realizations can be followed as a summary. 

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• Automatic alerts about upcoming payments can be created.