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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
