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Due Date change in OC Loans App (update)

For changing payment terms is allowed perform this change in particular contract statuses as follows:

  • from Calculation to Signed

    • Change of payment term can be done directly on Financing Card modifying the field Payment Terms Code

    • Calculation Updated boolean is changed to NO

    • To take change into Payment Calendar, the user confirms this with Complete Calculation button.

    • In case recalculation was not done, warning message appears:

      • in Payment Calendar: "Financing calculation is not updated." From here can be started recalculation directly

      • in Calculator Lines: "Financing calculation is not updated." From here can be started recalculation directly or Finish button makes the same job

      • on Financing Card in case we open not recalculated contract

  • Active

    • Change of payment term can be done directly on Financing Card modifying the field Payment Terms Code.

    • Calculation Updated boolean is switched to NO

    • To see changes in Payment Calendar, user needs to click on Finish button placed under Calculator Lines.

    • If entering to Payment Calendar or Calculator Lines and change was not recalculated yet, warning message appears:

      • "Financing calculation is not updated." From here can be started recalculation (Finish) directly.

      • The same notice appears also after opening Financing card.

  • Suspend, Closing, Settling, Archived

    • The Payment Terms Code field is not editable.

Find some screenshots for explanation:

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Follow up:

How to change financing period

How to change financing rate

How to change principal amount

How to work with bulk changes