Loan Products

A Loan Product refers to a specific type of loan which have distinct characteristics and terms, catering to various needs.
The Loan products in this section will be available for use throughout the Loan functions.

Note

To view the legacy version, please select Legacy User Guide.

How to view Loan Products

Viewing Loan products

As per Generic Navigation options, either from left-hand navigation panel, expand Settings and select Loan products from the Loan folder or enter Loan products in the Search option.

This will then show the Loan products on the system where normal customisation of Sets can be used.

Code: This is the code that was chosen when the stock product was first created.
Description: This will describe the loan product.
Account: When the product is used it will be analysed under this Chart of account code on the P/L.
Loan, Purchase, Sale, Stock, Expense, Timesheet, Payroll and SKU: These boxes are ticked showing the other features that the Product can be used in.

Tip

To modify the columns displayed, select option on the right of the column display, then tick/untick the information you want to hide or display.

How to create a new Loan Product

Creating a new Loan product

Select Loan products from one of the options as shown above in Viewing Loan products.
Select New.

Enter a product code.
Select a Group.
Enter a product description to identify the product.
Select a Unit group and Unit.
Select a product type.

Tick the features you would like the products to be available for.
Select Create.

Updated October 2026