Article Details
Id:12463
Product:finPOWER Connect
Type:NEW
Version:2.02.03
Opened:27/11/2014
Closed:28/11/2014
Released:04/12/2014
Job: J014548

Fixed Term Loan Account Types; new option to warn the User if a partial early repayment is made in the Account Payment wizard

A new option "Warn User in Account Payment wizard if early partial Repayment?" has been added to Account Types to warn the User if a partial early repayment is made in the Account Payment wizard

When entering a Payment in the Account Payment wizard and the Payment is greater than the Overdue the User will be warned "WARNING: This Account does not allow partial early payments. Continue with payment anyway?". By clicking Yes, the Payment can still be processed, e.g. where the payment is only one day early or where a special arrangement has been made.

Note, this setting applies to Fixed Term and Fixed Term Floating Rate Loan Account Types only.