| User Roles | ✗ Pulse user |
This article provides a step-by-step guide on how to use the Loans & Leasings account template (17) & (42) to create a detailed view of 17- and 42-accounts. With this template, you can enter details such as interest, duration, repayments, and more. Silverfin then automatically calculates the correct balances and checks whether they are accurate for amounts due within and beyond the upcoming year.
Table of contents
- Choose which account type to detail
- Disable the star for the linked account
- Fill in the repayment schedule
- Overview and verification
- Generate the Loans & Leasings note
Choose which account type to detail
You can choose to:
- Detail the 42-account using the Loans & Leasings (42) account template, or
- Detail the 17-account using the Loans & Leasings (17) account template.
Add the linked account
To ensure that the balances of both accounts are correctly verified:
- When detailing the 42-account, add the linked 17-account to the template via the hashtag (#).
- When detailing the 17-account, add the linked 42-account.This ensures both accounts are considered in the calculation and verification.
Disable the star for the linked account
Once you have detailed one of the accounts (17 or 42), you can choose to disable the star for the linked account. For example, if you have detailed the 17-account, you can disable the star for the 42-account, as the 42-account is already detailed within the 17-account, and vice versa.
Fill in the repayment schedule
Enter the full details of the repayment schedule, such as the repayments per fiscal year. Silverfin automatically highlights the relevant line for the fiscal year in bold. For example, for the repayment on 31/12/2014, Silverfin only checks the line that corresponds to that fiscal year.
Also, make sure to enter the closing date in the "financial year" column.
Overview and verification
At the bottom of the template, you will see an overview of the repayment schedule compared to the accounting. This helps you quickly check whether the data has been entered correctly.
One-time entry
The great advantage of this template is that you only need to enter the details of the loan or lease once for the entire duration. These details can easily be copied to another work period without losing information. Silverfin automatically checks if both balances are still correct based on the date in the 'fiscal year' column, saving you a lot of time! 
Generate the Loans & Leasings note
After entering the details at the account level, you can generate the Loans & Leasings note. This note provides an overview of all credits in the file and their duration, giving a clear and complete picture of the financial situation.