1. Loan Collection Setup Guide
  2. Administration System
  3. Collection Cycles

2.11 Collection Cycles

The Collection Cycles screen allows you to setup the collection workflow cycles.

To set up collection cycles
  1. Click Setup > Setup > Administration > System > Collection Cycles link. The system displays the Collection Cycles screen. The details are grouped into two:
    • Status Cycle
    • Current/Next Status
    • Status Change Responsibilities

      Figure 2-24 Collection Cycles


      Description of Figure 2-24 follows
      Description of "Figure 2-24 Collection Cycles"

      In the Collection Cycles section, you can view the following details:

      Table 2-58 Collection Cycles

      Field Do this
      Cycle The system displays the status cycle.
      Type The system displays the type of status cycle.
  2. Perform any of the Basic Actions mentioned in Navigation chapter.
  3. In the Current/Next Status section,perform any of the Basic Operations mentioned in Navigation chapter.
    A brief description of the fields is given below:

    Table 2-59 Current/Next Status

    Field Do this
    Current Code Select the current code from the drop-down list.
    Next Code Select the next code from the drop-down list.
  4. Perform any of the Basic Actions mentioned in Navigation chapter.
  5. In the Status Change Responsibilities section, perform any of the Basic Operations mentioned in Navigation chapter.

    Table 2-60 Status Change Responsibilities

    Field Do this
    Responsibility Select the responsibility from the drop-down list.
    Allowed Ind Check this box to allow a record
  6. Perform any of the Basic Actions mentioned in Navigation chapter.

Parent topic: Administration System