How to add a Client’s Assets

Info

When creating a new client, the User will be directed to this function automatically if the Debt Guidance feature is enabled.

Open Search window

Open Search window

1: Click Search – the search window will open.

Select a client

Select a client

1: If required enter some search criteria or press enter for all.

2: Double click the desired client to open.

Open the Assets Types window

Open the Assets Types window

1 – Click on the arrow to scroll until the Assets tab is visible

2 – Click the Assets tab in the Client window – the Assets window will open.

3 – Click Add – the Add Asset window will open.

Adding Assets

There are 3 asset types; Simple, Property, Vehicle

Adding a Simple Asset

Adding a Simple Asset

1 – Select Simple from the drop-down list.

2 – Add a description and a Value for the Asset.

3 – Click OK to close the window.

Adding a Property

Adding a Property

1: Select Property from the drop-down list.

2: Enter the property details.

3: Select the creditor associated with this Mortgage. (A debt must exist for the amount borrowed against this property.)

4: Choose the which of the Client persons own the property (used when there a 2nd person was added)

5: The equity is a calculated field. 85% of property allowed loan value (this rate will be adjustable in future releases) – secured loan balance – mortgage balance. The amount is halved when the property has joint ownership.

6: Click OK to save the property and close the window.

Adding a Vehicle

Adding a Vehicle

1: Select Vehicle from the drop-down list.

2: Fill in the details.

3: Select the creditor associated with this Hired Purchase Debt. (A debt must exist for the amount borrowed for the purchase of this vehicle)

4: Click OK to save and close the window.