Loan Tickler
Overview of IL409
The Loan Tickler system is a component of the loan record that allows you to track and issue reminders about the loan as needed. Once you’ve set up a tickler record on a particular loan, your organization can then display the reminders for a single loan or many loans via the Loan Change in Terms Report (IL612) or the Loan Master File Status Report (IL613). Use either or both of these reports to access tickler information at regular intervals.
An example where Loan Tickler reminders could be beneficial is to prompt interest-rate updates or changes in payment amounts for loans where these are due. Either of the reports described above could be incorporated into your business’ job-processing sequence. This would ensure the report is automatically generated with whatever regularity you deem necessary.
The reminders themselves would be included in the report according to the review date in the tickler record. If the date range of the report encompasses the review date on the tickler record, a reminder is included. Once the tickler item has been completed, it is no longer displayed in the reports.
Note: You must run the Loan Master File Status Report (IL613) in detail mode in order to display tickler information
To use the Loan Tickler:
- From the DDI Connect main menu, double-click Financial Services
- Double-click Financial Inquiry
- In the loan field, enter the loan number that you wish to work with. You can also click the list icon to view a list of all loans in the system
- From the Detailed Loan Inquiry screen, click View and select Loan Tickler. You will see a screen similar to this one:
To add a new tickler, click the Add button. The screen will look similar to this:
The following fields are available:
| Field | Description |
|---|---|
| Code | Tickler code indicating the reason for the reminder |
| Review Date | Date beginning with which this tickler item will be displayed in the Loan Change in Terms Report (IL612) and the Loan Master File Status Report (IL613) |
| Completed Date | Date of completion of the tickler item. If this field contains any date, the tickler item is excluded from reports IL612 and IL613 |
When you have entered the information, click Save. The screen will now look something like this:
You can also add a memo to the loan from this screen. Click the Memo icon on the toolbar to launch the Memo Editor. When you have finished adding the memo/memos, click Exit to return to the loan tickler screen. Click Exit again to return to the Detailed Loan Inquiry screen.
