Write-off type*
List
Select the write-off type. Currently, only one option is available:
write-off.
Description*
Text/ Number
Select the date until the repayments are blocked.
Customer solvency level*
List
Select the level of customer ability to meet long-term debts and obligations:
Normally performing credit,
Change is due to the customer’s slightly weakened ability to pay,
Change is due to the customer’s seriously weakened ability to pay,
Change is due to prevent credit from going non-performing credit.
Write-off reason*
List
Select the write-off reason:
CORONA,
DEATH,
LAID_OFF,
OTHER,
SICK_LEAVE,
UNEMPLOYED.
Write-off all?
Checkbox
Select if you want to write-off all items or not.
The loan write-off is a feature for managing loan-related debts. The write-off is used when the loan repayments collection is not possible due to some reason. For example:
Bankruptcy,
Customer death,
Unrecoverable insolvency,
Fraud.
In this case, banks decide to write-off the loans that are not possible to recover and collect. Sometimes the write-off is used when the remaining loan amount is small or the bank does not have the right to collect due to the court decisions.
Find the loan contract in question:
Loans > Search > Contracts.
Click the Contract number to open the loan contract page.
Persons > Search and locate the person-borrower who has a loan contract.
Click the person Name to access the person details page.
From the content menu, select Loans > Loan contracts.
Click the Contract number to open the loan contract page.
From the content menu, click Write-offs.
Click the Create write-off button.
Fill in the search parameters > Search.
Click on the Identifier to open the write-off details.
Find the write-off in question and make sure that it is in the PROCESSED status.
Click the Reverse write-off button.
Fill in the Description field > Save.
Fill in the > Create.
.
