Creation of a new Debt Management template
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Click ‘...’, ‘Add a child’, click ‘other’ and click ‘Debt’
That will start a process of creating a new blank debt template.
- Give the new template a name.
You can leave the workflow empty.
If you would like to upload a manual payment schedule instead of using Gravity to calculate it, please click ‘manual payment schedule’:
- The new template you created will have a few different tabs.
Populate the different sections by typing or choosing from the dropdown menu:
- There are a few sections that are mandatory, they will be bolded.
For example: ‘Issue Date’, ‘Start Date’, ‘Fiscal Years Days’, ‘Difference Days’ etc:
You are able to leave comments for each field by clicking on the 3 dots in the field:
In addition to comments, you are able to attached a contract to the template from the ‘Security Information’ tab:
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‘Finances Information’ tab:
You can ‘upload a table from CSV’ to populate the table or start populating it manually within the template:
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Note that you can filter and sort the ‘Finances Information’ table by clicking on the 3 lines next to the name of the column, or sort the column by clicking on the column header:
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Populating ‘Full Payment Schedule’:
After filling out all the necessary information,
click on the ‘Update Payment Schedule’ button to calculate and populate the ‘Full Payment Schedule’ tab:
- ‘Bond Accounting Details’ tab:
You can ‘upload a table from CSV’ to populate the table or start populating it manually within the template:
- After populating the ‘Bond Accounting Details’ table, you are able to duplicate a line item, edit it, or delete it from the table:
- Gravity will automatically create JE and update the reports after populating all the necessary information and creating the payment schedule.
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If any debt changes accrued, simply implement the changes in the template and click ‘Update Payment Schedule’:
Have more questions or need assistance?
Submit a Request