AcuLoan calculates interest on daily balance using fixed or linked interest rates, and capitalized monthly. Use Acumatica CRM to process the loan application, collate documentation and quote the customer.
Standard functions and reporting include Settlements, Loan Restructures, Write-offs, Payment & Debit Order Processing, Age Analysis, Collections and Interest Rate Changes. AcuLoan may be used for Debtor and Creditor Loans in combination.