Preclose

Front Office > Deal Entry

This article describes how to close a deal before its original Maturity Date.

Preclose

Preclose works for the following Deal Types.

• Loan/Depo

• IRS
• Caps & Floors
• Leasing Loans
• Danish Mortgage Loans (check note below)
• Credit Facility
• Fees (only recurring fee, not one-time fee prepaid)

1. Open the deal you on want to Close
2. Go to tab 'Transactions'
3. Select 'Close'-button.
4. Select the date you want to Close the deal. 
5. Press "OK".

"Transactions" tab

Select Closing date

Permissions needed

The permission Modify Deals (or Deal Type specific permission if applicable) is needed to Close a deal.