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Issue ID: 115256
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loan entry

Date 30 Jul 2019
Replies 2 Replies
Views 1241 Views
Asked by
Loan disbursement discrepancy may reflect upfront lender deductions; confirm withheld amount with lender before accounting entry.
Loan disbursement discrepancy: borrower received less than the sanctioned mortgage principal. Likely causes include lender-side upfront deductions such as an initial instalment or immediate charges. The respondent advised confirming the specific withheld amount with the lender before making the accounting entry. (AI Summary)

mortage loan financed of rs 79,00,000 but we get in bank a/c of rs 76,94,100 ,so how can i do this entry in tally erp 9

plz immediate reply.

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