Article Details
Id:12196
Product:finPOWER Connect
Type:NEW
Version:2.02.00
Opened:25/08/2014
Closed:25/08/2014
Released:29/09/2014
Job: J013882
High Importance

Deposit Accounts; Withdrawals now support automatic allocations like Loan Payments

Withdrawals to Deposit Accounts support automatic allocations like Loan Payments.

This means Withdrawals pay off the balance of Interest before Principal. Withdrawal transactions can still be manually allocated.