Loan Accounting

Accrual runs, IFRS 9 provisioning, PAR and NPL trend and GL export. These are read-only accounting reports derived from the double-entry base ledger; postings themselves happen in Ledger Ops.

Basis: Every figure below traces to journal postings in the base ledger. Day close is 23:59:59 CAT (UTC+2). IFRS 9 expected credit loss provisioning and revenue recognition (IFRS 15) run at day close; nothing here writes to the ledger directly.

What this screen is answerable for. Loan accounting reads the whole loan book: every disbursement and repayment posting, accrual and penalty, restructure and write-off, alongside IFRS 9 staging, PAR and NPL reporting and the GL export.

Gross loan book

RWF 89.6M

+2.1% MTD

Accrued interest (MTD)

RWF 6.94M

+RWF 412k today

ECL provision balance

RWF 2.54M

+RWF 88k vs last close

NPL ratio (90+)

1.70%

+0.06 pts

Accrual run status

Interest, fee and provision runs feeding the GL

Run	Type	Accounts	Amount accrued	Status	Posted to GL
20 Jul 2026 03:05	Daily interest accrual	3,418	RWF 412,900	Running	Pending	View
19 Jul 2026 03:05	Daily interest accrual	3,412	RWF 408,600	Completed	GL batch 8841	View
19 Jul 2026 03:12	IFRS 9 ECL provision run	3,412	RWF 88,000	Completed	GL batch 8842	View
18 Jul 2026 03:05	Fee and penalty accrual	642	RWF 61,400	Completed	GL batch 8830	View
17 Jul 2026 03:05	Daily interest accrual	3,401	RWF 405,100	Failed	Rejected	Retry

Failed: 17 Jul accrual was rejected by the ledger (suspense account mismatch, variance RWF 3,200). Per the zero-tolerance recon rule this raised a P0 and was corrected by a compensating entry in Ledger Ops before the re-run succeeded.

PAR and NPL trend

Jan - Jul 2026

PAR 30 PAR 60 NPL (90+)

Gross book by IFRS 9 stage

At last close

Stage 1 90.7% Stage 2 7.6% Stage 3 1.7%

IFRS 9 expected credit loss - stage summary

IFRS 9

Stage	Basis	Gross exposure	ECL provision	Coverage	Accounts
Stage 1	Performing - 12 month ECL	RWF 81,300,000	RWF 731,700	0.9%	3,186
Stage 2	Significant increase in credit risk - lifetime ECL	RWF 6,810,000	RWF 817,200	12.0%	184
Stage 3	Credit-impaired - lifetime ECL	RWF 1,520,000	RWF 988,000	65.0%	48
Total	Blended	RWF 89,630,000	RWF 2,536,900	2.83%	3,418

Provisioning by product

Product	Gross	Stage 1	Stage 2	Stage 3	ECL provision	Coverage
Instant Cash Loan	32,730,000	30,720,000	1,400,000	610,000	1,036,000	3.2%
Salaried Loan	22,230,000	21,720,000	390,000	120,000	208,000	0.9%
SME Loan	18,030,000	16,580,000	910,000	540,000	786,000	4.4%
Merchant Financing	9,960,000	9,550,000	200,000	210,000	271,000	2.7%
Checkout Loan (BNPL)	6,680,000	6,730,000	-90,000	40,000	35,900	0.5%

Default rate by product

Annualised

Single series: only the peak is labelled, per the kit chart idiom.

Recovery and GL export

Recovery rate (post write-off)

38%

+2 pts YTD

Cure rate (Stage 2 to 1)

54%

6 month window

GL export

Effective-dated exports for the finance team. Postings are already in the ledger; these are formatted extracts.

Interest income accrual journal CSV

IFRS 9 provision movement CSV

Charge-off and recovery journal CSV

Loan book trial balance XLSX

As at

The GL export is blocked

19 July 2026 - a reconciliation variance is open

Go to reconciliation

Nothing was exported and nothing was posted to the general ledger. Exporting a period with an unexplained variance would push a wrong number into the statutory accounts, where correcting it is far harder than fixing it here.

Blocking condition	Layer 3 float variance is non zero
Variance	RWF 84,200
Incident	INC-2026-0447, raised automatically as P0
Business day close	Also blocked, by the same variance
Accrual for the day	Posted, unaffected
Provisioning	Calculated, unaffected

What is not blocked. Interest accrual and IFRS 9 provisioning have run and are correct. Only the export out to the general ledger waits, because that is the irreversible step.

Investigate the L3 variance