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.