Loan to counterparty

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To create a bank payment to record a loan provided to a counterparty:

1. Do one of the following:
   • To generate a bank payment based on a source document, select or open the source document. Then, click Generate > Bank payment. For example, a source document can be a loan contract with Loan type = Lent to counterparty.
   • To create a bank payment from scratch, go to Cash management and under Bank, click Bank payments. Then, in the Bank payments list, click Create.
2. Specify general details:
   • Set Operation to Loan to counterparty.
   • Select Borrower to indicate a payment recipient.
   • Specify Loan contract that you make a payment for.
     After you do this, the Payment details tab is automatically filled in. It shows the total loan amount, the amount already provided (if any), and the remaining amount to be provided to the borrower under the loan contract.
   • Fill in Amount to indicate the total payment amount. Specify the amount manually or click to populate the remaining amount to be provided under the loan contract.
   • Fill in Account to indicate a company’s bank account to pay from.
   • Select the Paid checkbox if the bank has processed the payment. After you do this, the payment date is automatically filled in with the document date. You can edit it.
   • Fill in other fields as necessary.
3. Optional: On the Additional information tab, specify additional information.
4. Click Post and close.

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