Fixed Loan Control Details
Purpose
Provide control details for the month end roll over process, key setup parameters and allow file paths to be selected for custom reports
Access
- Fixed Loan | Edit/View Fixed Loan Control Details
Dialog Details
Details Specific Fields
Field | Explanation |
Instalment Ledger Tran Type | This is the transaction type that will post the instalment transaction to the future ledger of any fixed loan account that is set up for instalment posting
It will be a credit transaction on the future ledger
|
Instalment Arrears Tran Type | This is the transaction type that will post the instalment transaction to the current ledger of any fixed loan account that is set up for instalment posting
It will be a debit transaction on the current ledger
|
Require Write Off Indicator for Write Off Reasons | If this flag is checked on: - The Termination Reason selected as the Write Off Reason on the Early Termination Details dialog must also have the Write Off Indicator checked on
If this flag is checked off:
- Any termination reason may be selected as a write off reason
|
| Calculate Arrears Quote Communication Type | [F2] to  the communication type that will be used when an arrears quote is created from a Fixed Loan Enquiry using the Calculate Arrears functionality |
Fixed Loan Cost Item Setup
The second section of the Control Details Dialog is where the cost items that make up a loan will be set up. This part of the dialog will vary between finance companies. It will mirror the items that are financed on the loan agreement
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