Payments Fee Transaction Types
This article will explain what Fee transaction types can be assessed within a borrower's payment account. There are 3 transaction types that are labelled as Fee: * Late Fee * NSF Fee * Other Fee Late Fee Transaction Type * Using the Late Fee transaction type will allow you to assess a late fee to an ac…
Payments Administration FAQs
Q: How do I add a new batch type? How do I set up batch types? A: User with Administration credentials will go to Administration > Reference > Payments > ACH Batches and click add. Name your ACH Batches, add the relevant information and click save. Q: How do I add Other Fee Types? A: User with Administra…
