Article Details
Id: | 10860 |
Product: | finPOWER Connect |
Type: | FIX |
Version: | 1.06.06 |
Opened: | 23/01/2013 |
Closed: | 24/01/2013 |
Released: | 29/01/2013 |
Job: | J011026 |
Account Restructure; entering a Final Payment date may not calculate Loan to that date
In an Account Restructure, entering a Final Payment date may not calculate the Loan to the date entered.
This occurs if a Residual Value is entered that is or is close to the balance of the Loan.
Note, if the date entered does not fall on a normal payment date it will be adjusted back to the most recent payment date prior to the date entered. This is by design.