Note: A loan can only be converted to a sale if the status is 'Outstanding'.
To convert a loan to a sale, open the loan form. To open the loan form:
- From the Employees & Payroll module click on 'Loan History'. Select the desired loan by clicking on the link in the 'Id.' column to open the loan form.
- From the Human Resource form click on 'View', hover your cursor over 'Reports' and then click on 'Loan History'. Select the desired loan by clicking on the link in the 'Id.' column to open the loan form.
On the loan form:
Select the item(s) you wish you convert to a sale and click on 'Convert To Sale'. A sales form with the selected item(s) will pop up.
On the sales form, confirm that the quantity, price, discount %, amount, and tax status are correct then click on 'Post' to post the sale.
The status of the loan will now be 'Sold'. Click on the link in the 'Status' column to open the applicable sales form.