While configuring a new loan product or updating an existing one, you can choose the repayment method for automatic capitalisation.
To configure the fee repayment method, go to:
Loans > Products > Loan products.
Create a new product or find an existing one you want to update.
Scroll to the Fees section:
In the fee setup screen, configure the How fee is repaid parameter:
When adding a new fee, click Add new. When editing an existing fee, click Apply.
If the capitalisation is defined on a product level, it will occur automatically, and you can check the capitalisation/deduction details:
Click the Add fee button.
Find an existing fee and click the Edit button.
In the - you will find the automated loan capitalisation details.
In the - the details of the payout will display the original and adjusted (after the capitalisation/deduction) amount.
In the - you will find the capitalisation/deduction invoice and loan events information by searching with the Type code value ONE_TIME.
In the - you will see the capitalised/deducted principal amount.
