In this session it tells you about Lendysoftthe Bricknode Lending's Invoice processing. The main goal with invoices is to notify the borrowers that they need to pay back the loan. If the borrower doesn’t pay back, the invoice will go to another status and send out a pdf and email that notify them again that they need to pay back.
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Creating Invoice
Each month Lendysoft Bricknode Lending creates an invoice per each active Borrower Loan Account. The specific day of the month is depending on the Account Term’s capitalization day and the global setting Invoice Days. The capitalization day is that day the borrower is supposed to pay to the loan with an invoice and the invoice is being created X days before the capitalization day where X is the value of the global setting Invoice Days.
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