To close a loan account, the loan account's outstanding balance must be zero or within the specified tolerance amount.
To close a client or group loan account, select the client or group. Click the General tab.
Click the loan account to be closed.
Click More, Close on the action bar.
Accept the date default for Closed on or pick a date in the past from the calendar pop-up
Optionally, type a descriptive Note.
Click Submit.
The loan account status will be changed to Closed (Rescheduled).
Page:Share Accounts
Page:How to Prepay a Loan Account
Page:Using collection sheet or other payment types for making payments
Page:How to Assign a Loan Officer
Page:How to Add a Charge to a Loan Account
Last updated 6 years ago
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