7.10.8.2 Schedule Payment Due Date

The due date of the component being liquidated is displayed.

Example

Consider Ms Yvonne Cousteau’s loan. For the component Interest a payment of USD 100 was due on 1 October 1997. Another payment of USD 150 was due on 15 October 1997.

Now, Ms Cousteau pays USD 125 on 20 October 1997. Since there was no schedule due on this date, you decide to do a manual payment.

Now, since you have indicated the amount paid as USD 125 in an earlier field in this screen, an Amount Paid of USD 100 is shown for 1 October. For 15 October, an amount of USD 25 is shown as the Amount Paid.

You can also see the Amounts, which are due on a particular date.

Component Due Date Basis Amount Amount Paid
Interest 1 October 100 100
Interest 15 October 150 25