When you release a loan. You increase your receivable which an asset. So it's a debit. You also decrease your cash. So cash is credited. Entries are therefore Dr : Loans xx Cr :. Cash/check. Xxx
#SecureAge - The ultimate in data protection On 15 Sep 2017 5:46 pm, "Ippez Robert" <ippezrob...@gmail.com> wrote: > Can you please help me specific which loan transaction types are debits > and credits, one i think is for debit is loan disbursement > am trying to separate them like in savings as in this line > https://github.com/openMF/community-app/blob/ > 47ac1c9422a4244748e85adab30656dc5749c341/app/scripts/controllers/savings/ > ViewSavingDetailsController.js#L12 > <https://www.google.com/url?q=https%3A%2F%2Fgithub.com%2FopenMF%2Fcommunity-app%2Fblob%2F47ac1c9422a4244748e85adab30656dc5749c341%2Fapp%2Fscripts%2Fcontrollers%2Fsavings%2FViewSavingDetailsController.js%23L12&sa=D&sntz=1&usg=AFQjCNFYTMAL6KvIOoyAxBIysgyxWjf-LQ> > > -- > Ippez Roberts > Tel: +256788725408 <+256%20788%20725408>/789643284 > Skype ID: ippez.robert1 > Email: ippezrob...@gmail.com > > ------------------------------------------------------------ > ------------------ > Check out the vibrant tech community on one of the world's most > engaging tech sites, Slashdot.org! http://sdm.link/slashdot > Mifos-developer mailing list > mifos-develo...@lists.sourceforge.net > Unsubscribe or change settings at: > https://lists.sourceforge.net/lists/listinfo/mifos-developer >
