Download Read User Manual - INDUSFLOW SYSTEMS

Transcript
Chapter 9: Loan Adjustments
Paid To
Displays the entry in the original Borrower
Payment.
Balance
Displays principal balance.
Adjustment
Amount:Principal
If the borrower is paying a fixed amount enter
it with minus sign. This amount will be added
to the principal paid when the loan adjustment
record is posted.
If the borrower needs additional amount any
time during the life of the loan, enter the
additional amount in this field without minus
sign.
Adjustment
Amount: Interest
If the borrower will be paying additional
interest, enter it without minus sign. The
amount will be added to interest paid when the
loan adjustment record is posted.
Adjustment
Amount: Penalty
If the borrower will be paying additional
interest as penalty, enter it without minus sign.
The amount will be added to interest paid
when the loan adjustment record is posted.
Investor Total
If the loan adjustment shows payment from the
borrower (principal and / or interest), The
program distributes the amounts among the
participating investors and displays them on
Investors Tab. (See Sections 9.3 and 9.4). The
total principal and interest are displayed in the
Investor Total fields.
If the loan adjustment is for additional
principal paid to the borrower, enter Investor
IDs and corresponding contributions.
Add
Click to add a new record.
Save
Click to save an existing record. It is highlighted only when the user changes a field.
Delete
Click to delete an existing record.
Close
Click to close the screen.
SYNDi™ Loan Manager, User Manual
Page 210