How to set the Default Distribution Order on a Commitment
Question: How do I change the default payment distribution on Commitment, for example, I would like to move Commitment/Pool Current Due and Commitment/Pool ...
Mon, 29 Oct, 2018 at 11:46 AM
What happens when a loan is accrued?
There are 17 steps to the accrual process.  These are done on each loan: Pending Transactions scheduled for the current accrual date are posted as payment...
Fri, 22 Feb, 2019 at 10:10 AM
How to calculate Average Daily Balance (ADB)
Average daily balance is the sum of the balance of each day of the billing divided by the number of days in the billing cycle. Consider a revolving line of ...
Wed, 6 Mar, 2019 at 7:52 AM
How to use Adjust Interest to zero out an interest balance
You can make an adjustment to interest if you want to remove it. For instance, this loan shows a balance of 4.02: I can post an Adjust Interest transa...
Mon, 25 Feb, 2019 at 8:59 AM
Amortization: Differences in the way that Simple Interest loans and Fixed Amortization loans are amortized
Amortization:  Amortizing a debt means to reduce the balance by paying principal and interest on an established schedule, such that at the maturity date, i...
Mon, 25 Feb, 2019 at 9:33 AM
How to check what version of Remote Desktop Connection you are on
How to check what version of remote desktop protocol (RDP) is supported by Remote Desktop Connection (RDC): *Note ASP (Hosted) clients must have a versi...
Mon, 25 Feb, 2019 at 3:28 PM
How to query a loan with no "Status Code"
How to query loans with no status code assigned 1. Go to the Loan Query screen. 2. From the "Status Codes" drop down menu, select "NO...
Tue, 26 Feb, 2019 at 1:07 PM
Where can I find weekend and holiday payment due date controls for a loan?
If you do not want a loan to have payments due on weekends or holidays, you can find the dropdowns to control that here.
Tue, 26 Feb, 2019 at 6:25 PM
How to use the Virtual System Date
*NOTE* Virtual system date should not be used in a production database.  Once the virtual date is used to accrue the loan in future, the action is irreversi...
Fri, 22 Jul, 2022 at 8:56 AM
How to automate the scheduling of reports using the NLS service
This process assumes that NLS Service is already setup. 1. Fill out the report parameters the way you want the report to display. 2. Add Stored Param...
Tue, 25 Jun, 2019 at 6:35 AM