In order to add a deferment, you have to follow these steps:


  1. In the Matrix go to Loans
  2. Choose the loan you need to add the deferment to
  3. Find the invoice(s) you want to defer
  4. Lets say we want to defer August and September invoices:
  5. At the top of the Loan Page click on Move Due Date
  6. Choose Postpone Due Date by Number of Months
  7. The next section allows you to choose what date you want to start moving invoices from
  8. Since we want to move invoices for August and September, we are going to choose August 1 as our date
  9. The next section lets us decide what line items we want to defer, normally this will be Principal and Interest
  10. The next section lets us choose how many months we want to defer
  11. Since we want to move 2 months worth of invoices (August and September) we will put 2 here
  12. Add a reason below for the deferment, this is a required input field, and has to be filled out
  13. Then click Apply
  14. Now we can see here that the Principal and Interest have been removed from August and September's invoices
  15. We can see here that those amounts have been moved to the end of the loan
  16. With the loan defered you can see that the the next invoice date is unchanged so we need to change it to match the new due date. First
  17. First scroll down to the invoices and click the left arrow to show all invoices.
  18. Click on the"eye" icon to enter the invoice
  19. In order to edit the invoice, first click "cancel Invoice".
  20.  Now that the invoice is canceled you will be able to click "Reset to draft" which will allow you to then click "edit".
  21. You can see here that the Invoice date and the Due date do not match. All we need to do once we are in edit mode, is to copy (ctrl+C) the Due date, and paste it (ctrl+V) into the Invoice date field. 
  22. Click "Save" and then "Validate"


That's it! This is how we create deferments!