Repayments

Record repayments from the loan page, check the new balance and reverse a mistake.

Workflow

  1. 1

    Open the loan

    Repayments are recorded from the loan, not from the Repayments list. Find the loan under Loans and check the borrower, branch and Outstanding figure. The loan must be Active or Disbursed.

  2. 2

    Record the payment

    Choose Record repayment. In Record payment pick the Organization Account that received the money, enter the Amount, choose the Payment Method (Cash, Bank Transfer, Mobile Money, Cheque or Deduction), add the Reference and any Notes, and choose Record payment.

  3. 3

    Check the result

    The Outstanding, Collected, Next due and Arrears figures and the Schedule tab update at once. Give the borrower the receipt number.

  4. 4

    Review the day's collections

    The Repayments page lists every receipt with borrower, amount, method, reference and status (Completed, Pending, Reversed or Failed), with Total Collected and Today's Collections at the top.

  5. 5

    Correct a mistake

    A receipt cannot be edited. An owner, admin or branch manager chooses Reverse on the payment row of the loan, gives the Reason and chooses Reverse repayment, then the right payment is recorded again.

See it in Adili

Follow the screen, step by step

The examples use safe training data. Names and amounts in your account will be different.

Record the payment

1 Record the payment

What to do

  1. 1. Choose Record repayment. In Record payment pick the Organization Account that received the money, enter the Amount, choose the Payment Method (Cash, Bank Transfer, Mobile Money, Cheque or Deduction), add the Reference and any Notes, and choose Record payment.

You should see

Amount and date were confirmed with the borrower.

Review the day's collections

2 Review the day's collections

What to do

  1. 1. The Repayments page lists every receipt with borrower, amount, method, reference and status (Completed, Pending, Reversed or Failed), with Total Collected and Today's Collections at the top.

You should see

The new balance agrees with the schedule.

Correct a mistake

3 Correct a mistake

What to do

  1. 1. A receipt cannot be edited. An owner, admin or branch manager chooses Reverse on the payment row of the loan, gives the Reason and chooses Reverse repayment, then the right payment is recorded again.

You should see

The new balance agrees with the schedule.