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Loan Management

85.84 € 85.84 € (Tax excluded)
US$ 100.00 (Tax excluded)

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ODOO'S FUNCTION

Odoo stores loan interest as a fixed total amount, so any change requires manual updates. It also does not support analytic distribution and partner in loan management or journal entries.

CLUEDOO'S FUNCTION

Cluedoo adds an annual interest rate field to calculate total interest dynamically and extends analytic distribution and partner to both loans and journal entries for better tracking.




1. Go to Accounting > Configuration > Management > Loan Management > Create New > Fill in necessary information 

You can add in the Analytic Distribution and Partner for the Loan

2. Click Compute Loan button > check Loan Board calculation> Confirm Loan > Save as Model 

Note: You should fill in Annual Interest Rate before computing loan so that Loan Board can calculate correctly based on the configured duration

3. Click the smart button 'Posted Entries', you can view the journal entries for the loan that has automatically created, you can post it

The Analytic Distribution and Partner are also inherited to the journal entries