Finance Module

Explore the Latest Updates

Finance

Let’s take a closer look at what’s new here.

Liquidation Date

When treating a liquidation request raised by an investment officer/ customer even, the start date entered by the investment officer is displayed in the ‘Liquidation Start date’ field.

You should know that you will NOT be able to edit this field.

If empty, the liquidation date will default to “today’s date” i.e. the date you’re treating the request.

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Updated Loan Deductions Feature

We moved the ‘Add deduction’ feature on loans around. You will now find it as one of the buttons on the ‘Due loans’ sub-module.

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Additionally, we have extended the disbursement summary previously only on the ‘disburse to wallet’ option to the ‘Disburse by transfer’ and the ‘Register disbursement’ options. Lastly, you can now remove deductions on a loan by hitting the delete icon next to the deduction amount in the summary

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Nigeria Custom Loans

The NCS loan feature is live and these loans will typically have a government loan type which you will be able to identify with the ‘government’ tag on the loans Similar to IPPIS loans, you need to disburse these loans by using the ‘Disburse to transfer’ option to send it directly to their bank accounts. As a Finance officer, you will not be able to disburse a customs if all the loan requirements are not met.

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To learn more about the Nigeria Customs Loans process, here’s a flow from the user’s end and a step by step guide on how we manage the application process below.

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USSD Flow

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Internal Process Guide

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