When the "Assets (Investments)" checkbox is checked in the Type section of the Loan Module's base data form, it automatically restructures itself to handle outgoing loans made to banks (as savings accounts, for example), or to employees with a temporary cash shortfall, or investments into CD's, bonds, etc.
The sample below is a simple savings plan consisting of $100 per month deposits being made to finance a planned off-site company meeting at year-end. The saving interest is automatically accrued into the firm's Money Market cash account, and compounded, as well as automatically reflected as monthly revenue via its assigned Interest Income revenue account.
Loans such as this (savings temporarily lent to the bank and other lendings) that the firm makes are also scheduled in detail. These include detailed Initial, Actual, and Sched Variance Views for fine tuning, tracking, and measuring the impact of timing decisions on the lending/investment asset's growth.
The clip below shows part of the Basic Asset Input form for a sample monthly saving plan. Note in the sample below that that this saving plan happens to be the last item currently entered into the "Loans" module's list of items for this firm. The earlier (small) tabs at the bottom of this list include such items as an auto loan for new shuttle van, an equipment note and a scheduled mortgage for a planned expansion facility in Vancouver.
Up to 255 loan schedules can be set up in any model for assets such as investment bonds and amortizing short term notes to an employee, and for libilities such as major mortgages. And best yet, none of these loans actually affect anything until actively linked into the model's Assumptions via the drop-down account lists at the top of this form. So feel free to experiment with differing terms, payment schedules, etc., and use the output to help negotiate the terms you actually can afford to pay or lend.
