Using the Tracking > Disbursements menu with Payments
Before using the Tracking menu > Disbursements with Payments, please review the KB article Using the Tracking menu > Disbursements to learn how the Disbursements menu works. This article will show users that have Payments (non 504 payment processing add-on module) how to: - Link funds already disbursed in the pay…
Payments Adjustment Transaction Types
This article will explain what each Adjustment transaction type can adjust within your borrower's payment account. There are 3 transaction types that are labelled as Adjustment: * Total Amount Due * Due Date * Interest Paid to Date What does the Adjustment: Total Amount Due transaction type change? * T…
Using the Tracking menu > Disbursements
* Where is the Disbursements menu? The Disbursements sub-menu is visible within the Tracking menu for all NON 504 category type loans in all loan status phases (Open, Prospect, etc.). * What needs to be setup prior to recording disbursements? In order for you to record disbursements within the Disbur…
