Difference between revisions of "Loan Payment Processing"
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| '''Update amount to pay for interest only loans before processing''' || | | '''Update amount to pay for interest only loans before processing''' || | ||
+ | |- | ||
+ | | '''Update amount to pay for regular payment loans (increase only)''' || | ||
+ | |- | ||
+ | | '''Month-end accrual''' || | ||
+ | |- | ||
+ | | '''Include loan relief''' || | ||
|- | |- | ||
| '''Bank account''' || | | '''Bank account''' || |
Revision as of 19:57, 17 October 2022
Overview of IL625
The Loan Payment Processing report allows you to generate automatic loan payments in both preview and update mode. To run the report:
- From the DDI Connect main menu, double-click Financial Services
- Double-click Loans
- Double-click Reports
- Double-click 625 Loan Payment Processing. The parameters screen will launch:
Report Criteria
Field | Description |
---|---|
Payment date range | |
Payment Group | |
Loan types | |
Loan categories | |
ACH constituent ID | |
Report by loan type | |
Update amount to pay for interest only loans before processing | |
Update amount to pay for regular payment loans (increase only) | |
Month-end accrual | |
Include loan relief | |
Bank account | |
Create batch | |
Cashier type | |
Batch type | |
Post payments | |
Payoff principal and move to interest only (if pmt greater than bal) | |
Apply overpayment as extra payment | |
Create EFT file | |
EFT file | |
EFT file format | |
EFT date | |
Discretionary data value | |
Entry description value | |
Create balanced ACH file |
Print Options
After clicking the Print Options button you will see the following options. Choose the desired options and click OK to return to the report parameters screen.
Option | Description |
---|---|
Printer | Click the drop down arrow to select from a list of available printers. DDI Connect uses your default printer unless told otherwise |
Format | Click the drop down arrow to select from a list of available formats. Select paper size, number of columns, and number of rows for printing. Each report has built-in format defaults. Select “Use Defaults” to use the built-in report defaults. The number of rows and columns controls the print size and amount of information per page |
Memo | If you wish, you can add a memo to the output of the report. NOTE: It is recommended that Word documents be saved with the .docx extension |
View Report | This option generates a pdf file that is displayed on the screen when the report is generated |
Archive Report | If this option is selected, the system will archive the report in the DDI Connect report archives. For information on working with archived reports, please reference this page: Archived Report Viewer |
Print Report | If selected, the system will generate the report output to your default printer. NOTE: You will also receive a pdf version of the report, displayed on your screen |
Print via PDF | Prints directly to your printer. |
This option allows you to send a .pdf attachment of the report to the indicated users' email addresses. When OK is clicked, a dialog box will open requesting a recipient | |
Duplex/Top | Prints the report on both sides of the paper in landscape style. The printer must be capable of printing on both sides or an error will occur |
Duplex/Side | Prints the report on both sides of the paper in portrait style. The printer must be capable of printing on both sides or an error will occur |
Green bar | Adds shaded, horizontal bars to the report, making it easier to read across columns |
No dialog | Selecting this option means that no ‘Report Completed’ dialog will display after the report has been generated |
Extra copies | If you want extra copies of the report generated, type the number in this field |
Report Sample
Security Function
Users must pass the security function listed below in order to run this report.
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