The Loan Renewal tool is linked to the Procedural Status records for the Inward and Outward Loan files. Please see the topics on Procedural Status to review the details on configuring these records.
To configure the Loan Renewal tool:
1.Go to Tools > System Maintenance > Activities Configuration > Loan Renewal
2.In each of the procedural status fields, click the Options button 
to see a list of the statuses that have been configured in your system. Select the procedural status you want by highlighting the status and clicking OK to return to the Loan Renewal window. Alternatively, you can double-click on the status you want and the system will automatically return to the Loan Renewal window.
3.For Renewal Approved, enter the status at which the Loan Renewal tool should be enabled.
4.For Renewal Loan Generated, enter status that should be assigned to the original loan record when a loan is renewed.
5.For Renewed Loan, enter the status that should be given to the new (renewed) loan.
6.In the tables, tick the box next to each field that you would like to be transferred from the original loan to the renewed loan record
7.Click OK to save.
