Process Flow Topics > Loan Order Process Topics > Loan Order Setup and Configuration

Loan Order Setup and Configuration

Before creating Loan Orders, administrators must set up the security, authorization, and revision configurations.

• The L/O Options transaction code allows users to select various options when creating the Order. These options are visible as checkboxes. These options are document criteria that the user may or may not choose to be required. For more information, refer to L/O Options.
• The listed switches configure some of the most broad features that affect Loan Order management. For more information, refer to the following switches:
  • LOANDAY
  • LOPRICECHANGEAUTH
  • LOREQRQ
  • LOTOEXLINE
  • LOTOPOLINE

Note: Other switches that affect Loan Orders will be mentioned throughout this process. For more information on all available switches, refer to the Orders Switches Manual.

• Depending on the user's company's operating procedures, Loan Orders may require authorization. In particular, the Order Type and Order Category Tran Codes can be set up to have authorization steps.

Once all of these configurations have been set up, users can begin Creating and Receiving Loan Orders.