Termination Reason Details
Purpose
Set up reason codes that can be applied to Early Termination and Write Off Termination Types. Termination processing rules may also be defined.
Access
- Accounts | Edit/View Account Termination Reasons |
- [F2] on the Termination Reason field
Dialog Details
Details Specific Fields
Field | Explanation |
Termination Type | [F2] to |
| Communication Type | [F2] to |
Write Off | Only required if the Fixed Loan Control Record ‘Require Write Off Indicator’ checkbox is checked on. Then: Check on if the Early Termination Reason can also be used as a Write Off Reason. If left blank, the reason may not be used as a Write off Reason on the Early Termination dialog. The following error will display: |
Ignore Termination Fee | If this flag is checked on, then when the ET reason is selected to the Early Termination Dialog, the standard Early Termination Fee will be replaced by 0.00 |
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