Sacco Loaning Operations Documentation
This documentation serves as a comprehensive user manual detailing the full loaning processes within Microsoft Dynamics 365 Business Central, specifically customized for Sacco operations.
Scope of Documentation
The manual covers all functional areas of the Sacco’s loaning operations in Business Central. Each process is presented with step-by-step procedures, illustrative screenshots, and practical examples that mirror real-world workflows.
1. Loan Application and Qualification
Guidelines on how to create and manage loan applications, verify member eligibility, capture loan details, and define qualification criteria within Business Central.
2. Loan Appraisal and Approval
Instructions on how to perform loan appraisals, evaluate applications based on Sacco policies, and process approvals through configured Business Central workflows.
3. Loan Disbursement
Detailed walkthrough on disbursing approved loans, posting journal entries, and tracking disbursement records for audit purposes.
4. Guarantor Management
Procedures for capturing and managing guarantor information, linking guarantors to specific loans, and maintaining guarantee liability records.
5. Loan Repayment
Step-by-step guide to managing loan repayment schedules, processing repayments, tracking balances, and handling early or partial payments.
6. Interest Calculation and Posting
Explanation of interest computation logic, periodic posting, and reconciliation methods used for accurate financial reporting.
7. Loan Rescheduling, Refinancing, and Top-up
Instructions for handling special cases such as restructuring loan terms, consolidating existing loans, refinancing, or processing top-up applications.
8. Loan Reports
Comprehensive overview of standard and custom reports available for monitoring loan performance, repayments, delinquency, and outstanding balances.
Documentation Format
Each section includes:
- Process Overview – brief description of purpose and functionality.
- Prerequisites – system setup or configuration required.
- Step-by-Step Instructions – clear procedural steps with screenshots.
- Examples and Use Cases – practical demonstrations of each process.
- Notes and Tips – important considerations and best practices.
Objective
To provide an authoritative, user-friendly, and detailed manual that empowers Sacco staff to efficiently manage the loan lifecycle using Microsoft Dynamics 365 Business Central, in alignment with operational and compliance standards.