Short term borrowing v/s long term borrowing

Dear Firend,

My doubt is whether term loan amount can be bifurcated as short term borrowing and long term borrowing based on due payble bifurcation, means amount which is going to payable in next 12 month as a short term borrowing and after 12 month as long term borrowing for one account in financial as per schedule III.

Thanks & Regards,

Deepu