Amount of Foreclosed or Repossessed Commercial Assets
Acct Code |
Description |
Tip for pulling data stored in CU*BASE |
AS0022 |
Report the amount of foreclosed or repossessed commercial assets. NCUA Recommended Chart of Accounts series 700. |
The preferred method is to auto-populate this data by G/L if foreclosed and repossessed assets are stored in general ledger account(s). If tracked manually by your collections department, refer to your internal reports. |
|
One or more automation routines are available for this Account Code. Click to select from the available routines and configure the data. |
|
The NCUA provides detailed descriptions on the Call Report Account Codes in their comprehensive Call Report Instructions available with the current Call Report on the http://www.ncua.gov website.
For more information about the 5300 Call Report Software, open the book.