General Billing Loans no longer creates individual Invoices

Owned by Knowledge Assistant
Last updated: Oct 27, 2023
1 min read
Description of Issue

When I create a GB Loan, a multi-installment Invoice is created now instead of individual Invoices for each loan coupon period.

GB Loans only allows 1 invoice to generate. 

Context

  • General Billing

  • Accounts Receivable

  • GB Loans

  • Invoice Inquiry

  • Bill Inquiry

Cause

Loans were changed after 11.3 to create a singular Invoice with multiple installments.

Resolution

Development is currently researching whether the current functionality can be enhanced.

Current design is to generate a Multi-Installment Invoice with the GB Loans program. 

Alternative suggestion could be to use the Recurring Invoice program to generate monthly invoices. 

Additional Information