Article Details
Id:13448
Product:finPOWER Connect
Type:NEW
Version:2.03.04
Opened:13/11/2015
Closed:14/12/2015
Released:03/02/2016
Job: J016545

New Account wizard; new option to default Residual Value from Net Advance

A new option has been added to the New Account wizard - to default Residual Value from the Net Advance.

Under Admin, Account Types, New Accounts check "Default Residual Value from Net Advance?". Note, if this is checked the existing "Default Residual Value from Securities?" cannot be checked.

Then, when entering a new Loan Account, the Residual Value will update as the Net Advance is updated.