Loan management and interest rates

I’m just wondering whether there already is some module for managing loans and interests: If somebody loans money directly to the organization, interests need to be calculated and refunding has to ba managed and done.

There is no module that I’m aware of. Indeed this may be usefull also to automatically create the accounting moves that are needed to correctly value the dept when you borrow money from a bank.

Also you need to take care of updateing the loan when you receive a partial amoritzation which may lead to reducing the quota or reducing the time on which the loan has to be paid.