Payments: What to Expect after you Board your Loan
This video will show you what you can expect to see in your Payments loan menu after you have boarded a loan:
Payments Actions Menu > History menu
When processing actions in bulk within Payments, you will be able to view a history of bulk actions performed. This history record shows what user initiated the action, when the action was performed, and the results of the processed bulk action. This is a great auditing tool if you need to research an issue or if you…
Payments Payment Transaction Types
This article will explain what each Payment transaction type can be posted to a borrower's payment account. There are 3 transaction types that are labelled or referencing Payment : * Payment * Principal Only * Prepaid interest Using the Payment Transaction Type * The Payment transaction allows user…
Schedule Future Transactions: Irregular payment schedules and Seasonal loans
OVERVIEW In order to schedule future transactions, go to Payments > Schedule Transactions . You can access this menu and add scheduled transactions at any time - even if the borrower’s repayment period has already started. Schedule Transactions Grid +Add button A) Use this button if there are one time…
