Article Details
Id:20789
Product:finPOWER Connect
Type:FIX
Version:4.00.04
Opened:04/10/2023
Closed:05/10/2023
Released:05/12/2023
Job: J032179

Revolving Credit Loans; Payment Basis "Interest Balance" and "Interest/Fees Balance" may not show future Minimum Payments in Schedule

A Revolving Credit Loan using a Minimum Payment Basis of "Interest Balance" or "Interest/Fees Balance" may not show future Minimum Payments in the Schedule.

This occurs if there is still an expected Minimum Payment due but not paid.

Note, the correct Minimum Payment will be calculated with running Account Processes.