Overview

This report helps microlenders identify client loan balance data that doesn't meet SACRRA's data sharing requirements. Non-compliant client data can't be shared with credit bureaus.

Scope

All registered microlenders in South Africa and Namibia must share data with credit bureaus as per regulations. Non-compliance can occur if data sharing requirements aren't met. This report specifically checks the loan balance data typically used for data sharing.

Generating the Report

General Information

• Menu Navigation: To access the report, go to MAXMONEY > Reporting > Administration > Data Sharing Compliance Loan Balance Report.

• Roles: Make sure the necessary user roles have the "Data Sharing Compliance Report" resource enabled to access this report.

Data Checks for Compliance

The report performs specific checks on loan balance fields to ensure compliance:

• It lists loans where the loan status is active, but the Loan Transaction balance is less than or equal to R0.00.

Report Columns

The generated report includes the following columns:

Client Information

• Client Number

• Initials

• First Name

• Surname

Loan Information

• Loan Number

• Loan Status

• Balance on Loan Transactions (sum of LTR for the loan)

• Overdue Amount (sum of Amountdue - AmountReceived for active loan installments where the Due Date is less than or equal to the current month)

• Loan Total

• In Default Fees and Interest

• Received Amount

• Final Instalment Date

• Charge Fees and Interest when "in Default"