You have created a loan but
discovered that you have entered incorrect data. This means that
you must correct the appropriate loan values. Such corrections may
be required for the fields which are necessary in creating new loan
Please note that such corrections should not be a trigger
retroactive accounting. That means data in the past should not be
corrected. Only the future part can be corrected. And there are two
ways in correcting incorrect loan data.
In Case of
Correcting the Data Concerned with Payroll Calculation
E.g. correcting repayment plan,
Valid date, Loan payment date, Repayment start, Loan amount and
Taxed and so on.