Overdue

Overdue lists schedule instalments past their due date and still unpaid - the front edge of delinquency. Officers use it to triage arrears by days-past-due, which determines PAR bucket and the appropriate collection action.

Overdue
Overdue — live screen from the BridgeERP MFI Suite.

Workflow

  1. Group by days-past-due to band arrears into PAR buckets.
  2. Prioritise the oldest and largest overdue instalments.
  3. Trigger penalties or collection actions from the linked loan.
  4. Escalate aged arrears to demand letters or the collections workflow.
  5. Track resolution as overdue instalments are settled.

Fields reference

Every field on this screen, drawn from the live data model.

FieldTypeRequiredDescription
Loan
loan_id
Link → mfi.loanYesLoan
#
installment_number
NumberYes#
Due Date
due_date
DateYesDue Date
Status
state
Choice: Pending, Partially Paid, Paid, Overdue, WaivedYesStatus
Member
member_id
Link → mfi.member—Member
Branch
branch_id
Link → mfi.branch—Branch
Currency
currency_id
Link → res.currency—Currency
Principal Due
principal_amount
Money—Principal Due
Interest Due
interest_amount
Money—Interest Due
Total Due
total_due
Money—Total Due
Principal Paid
principal_paid
Money—Principal Paid
Interest Paid
interest_paid
Money—Interest Paid
Total Paid
total_paid
Money—Total Paid
Balance Due
balance_due
Money—Balance Due
Opening Balance
opening_balance
Money—Opening Balance
Closing Balance
closing_balance
Money—Closing Balance
Paid Date
paid_date
Date—Paid Date
Days Overdue
days_overdue
Number—Days Overdue
Company
company_id
Link → res.company—Company

Status lifecycle

Records on this screen move through these statuses:

Pending → Partially Paid → Paid → Overdue → Waived

Notes & rules

  • Model: mfi.loan.schedule, overdue and unpaid.
  • Days-past-due drives PAR 30/60/90 classification.
  • Feeds Penalties, Demand Letters and Collection Actions.

Technical model: mfi.loan.schedule · Record: Loan Repayment Schedule

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