Apply or refund unapplied borrower credit
Keep unallocated money separate from debt, then apply it or record its refund through a reviewed advanced operation.
Check available credit at the date
Open the borrower and expand Unapplied credit by lender. Use the intended effective date. Later receipts cannot fund an earlier credit application or refund.
Apply credit to an existing loan
Open Advanced operations and choose Apply borrower credit. Select the borrower, compatible loan, effective date and target component. The credit, loan and account scope must remain within the same lender and currency.
Understand the cash treatment
Applying existing credit reduces available credit and the selected debt component. It is not another cash receipt. Keep the original receipt in the history and do not enter the application as a second payment.
Refund unused credit when required
Choose Refund borrower credit only for money actually paid back. Enter the compatible source account, date, amount and payment details. The refund is a cash outflow and does not itself reduce a loan balance.
Review and verify
Check available credit, amount, destination component or refund account, and before/after effects. Complete any required fresh authentication, confirm, refresh and compare the credit history and cash movement.
Check your result
- Credit never crosses legal lenders or currencies.
- An application creates no second cash inflow.
- A refund appears as a cash outflow with the correct available-credit reduction.