Welcome to Loan Management System (LMS) Help
The Loan Management System is designed to manage and track loans payable/receivable through the entire life of the loan. This cycle includes loan application, loan and amortization schedule set up, payment entry and tracking, statements, and loan payoff. The System is fully integrated with General Ledger and all transactions post there. Integration to Accounts Payable is provided for creating vouchers to make payments or issue checks for receivable loans. Integration to Accounts Receivable provides for creating invoices. LMS is Multi-Company capable.
Basic Functions
- Loan Setup and Approval
- Amortization Schedule Generation including custom schedules
- Principal issues
- Payment Vouchers or Payment Issues through Accounts Payable
- Invoicing through Accounts Receivable
- Adjustments to interest, term, amounts
- Loan Closing and Write-offs
| Category | Link |
|---|---|
| LMS System Setup | Setup |
| LMS Loans | Loans |
| Processes | Loan Processes |
| Periodic | Periodic Setup |
| LMS Transactions | LMS Transactions |
| LMS Reports | LMS Reports |