WEBVTT

NOTE Silent illustrated V1 explainer. Fictional examples; not a transaction recording.


1
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Keep one borrower record. Find the existing borrower and open
their notebook. Add independent loans under that borrower rather
than duplicating the person for each lender or advance.


2
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Separate lenders from accounts. Husband, Wife, HUF and Company
can be separate legal lenders. Husband’s Axis and HDFC accounts
can both belong to Husband. The bank account nickname does not
change the loan owner.


3
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Choose loan or tranche. Use Add Loan for another independent
agreement. Use Further Advance for an extra tranche under an
existing agreement. Check the lender, currency, tranche rate and
effective date.


4
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Keep money in the correct book. Source and receiving accounts
must match the loan’s lender and currency. Ordinary cross-lender
cash and credit allocations are blocked. One compatible receipt
can cover several same-lender loans with reviewed splits.


5
00:01:04.000 --> 00:01:20.000
Review borrower totals by lender. Use View lender and inspect
each currency separately. Unapplied credit stays with the
receiving lender. Download the borrower statement for the same
date and filter to reconcile the sections.