Article Details
Id: | 8801 |
Product: | finPOWER Connect |
Type: | NEW |
Version: | 1.03.02 |
Opened: | 05/05/2011 |
Closed: | 19/05/2011 |
Released: | 23/05/2011 |
Job: | J007364 |
Account Withdrawal; new options to adjustment future Regular Payments
The Account Withdrawal wizard includes new options to adjust future Regular Payments.
After specifying the Withdrawal payment details an additional page allows you to either:
1. Hold the Regular Payment.
2. Adjust the Regular Payment to maintain the current Final Date.
3. Override Regular Payment with a fixed payment value.
Note, this feature is only available if the User has permission to add a Payment Arrangement, it is for a Fixed Term Loan and the Loan's balance is a Debit Balance (after the Withdrawal).
If option 2 or 3 is selected finPOWER Connect will create a Payment Arrangement for the Account with a Type of "Account Withdrawal".