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Former Member

Facility fee free

Hello friends,

I have Syndicated Facility with total 1000 (for example), and drawning of 100 then 900 remains to be utilised. Facility charges: Not utilized (Ctype 1204) base amount = 900, alright. But after instalment repayment 50 (for example) base amount raise on these 50. I need that instalment repayment does not increase the base amount and base amount for Facility charges: Not utilized (Ctype 1204) = 900, but not 950.

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  • Former Member

    Hi,

    You may want to check the Condition type setting for this(not able to upload screenshot, dont know why :(

    In define condition type in MM, you will find this setting. Check as reference for Ctype 1204.

    Create a new condition type and select the option 4, the fee will be calculated on the total line. You can have new effective from date in you Facility which would coincide with the installment repayment date.This could address your issue, but need to test.

    Regards,

    Nikhil

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2 Answers

  • Best Answer
    Aug 23, 2017 at 10:10 AM

    Hi,

    Standard system doesn't support this function.

    Regards

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  • Aug 22, 2017 at 05:13 PM

    Hi Artem,

    If you have a facility line and it is affected by a Payment (-), then Repayment will affect in the opposite way (+).

    You can't filter them by Update Type.

    Kind Regards

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