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Facility utilization amount increase/decrease

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Hi Mushayi,

 

First of all you need to know about the  functionality of Facility.

 

Facilities are agreements between a lender and a borrower, which control the general conditions for a series of drawings against a credit line. The lender can give drawing authorization to several people (= borrowers), who are entitled to draw varying amounts at any time up to the total approved credit line.

The utilization of this credit option for a facility is called a Drawing.

 

But, you assigned the facility for investment which means out flow of money happened in this case. That is why system is showing 1050000 in this case. Facility you need to use for to draw the money (Loans, Liabilities).

 

Thanks,

Naga


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