Example: Generate Loan Payments Records

The Loans table holds core information about each loan issued. This includes the loan’s unique identifier, the person responsible for the record, creation and modification details, the loan’s name, total loan amount, number of scheduled payments, and the start date of the loan. It may also include a field named “New Recordset,” which could serve as a flag or reference for generating associated payment records. This table acts as the foundation of the system, from which payment schedules are derived.

The Payments table stores individual payment records linked to specific loans. Each payment record includes the payment amount, payment date, the name of the associated loan, and a unique index to indicate the sequence of payments. Additionally, the table duplicates some loan metadata (amount, number of payments, and start date) to provide context without needing to query the Loans table directly. This table is essential for tracking the repayment progress of each loan and enables precise auditability and reporting.

The Indexes table appears to maintain a list of sequential or reference indices that can be used to generate or validate the order of payments. Each record includes standard metadata and a numeric or labeled “Index” value. This table likely supports the automated generation of payment records by providing a reference list for payment intervals (e.g., monthly indices), ensuring accurate scheduling and alignment with loan terms.