1. If you want to continue for the next cycle of that investment, click “Next Cycle”.
2. When you have clicked “Next Cycle”, a pop-out window will appear as shown below:
Description:
A | Profit amount will be automatically updated based on expected profit. If the amount is different, you may change it here. |
B | Fill in the interest rate for the next cycle. |
C | After you have filled in the information, you can click “Save”. |
3. The updated next cycle will create pay out transaction and also create a new investment cycle.
4. In Pay Out transaction, system will automatically create “Issue Receipt” transactions in accounting module as shown in the picture below. You can view details of that transaction by clicking button under the Action section. This is to record profit gained for that investment.
5. You will be directed to issue receipt page and you may revise and “Approve” issue receipt transactions at accounting module to record in accounting reports.
| -Issue receipt page in Accounting module- |
6. Other than that, new investment cycle is created showing the expected profit and other details related to that cycle: