Edit a loan payment

You can edit a loan payment if the following criteria are met:

• The loan account has not been paid off or fully written off.
• Interest and statements have not been generated for the period.
• The general ledger is opened for the period.
• One of the following is true:
  • The payment is currently recorded as undeposited funds and the deposit has not yet been processed. Also, the other receipt in Cash Management has a state of Approved.
  • The payment has been deposited to a bank account.
• For non-revolving (amortized) loans:
  • The payment did not result in the loan being reamortized.
  • The loan was not reamortized any time after the payment was posted.

1. Go to Lending Management > All > Payments.
2. Find the loan payment that you want to edit.
3. Select Edit at the end of the row.
4. Change the loan payment.

   All fields are editable. View detailed information about loan payment fields.

5. Select Post.