Calculate/Post Adjustment for Delinquent Loans (3)
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Screen ID: Screen Title:
Panel Number: |
TLNDLQA-03 Calculate/Post Adjustments for Delinquent Loans 3989 |
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Access this screen by selecting Create J/E (F5) from the previous screen.
Selecting Create J/E (F5) from the previous screen allows you to generate the journal entries themselves. Enter the appropriate J/E ID. Then select Create J/E (F5) to create the journal entries.
ยทNOTE: This does not post the entries. After generating them, you will also need to post these entries via Tool 61: Create/Post Journal Entries. Posting these entries will create a reversal entry to be posted at the beginning of the next month.
Once you have entered your JE/ID, there will be one final confirmation prior to the journal entries being created. Use Create J/E (F5) to complete the process.
SEE ALSO: Adjusting for 90-Day Delinquency
Field Descriptions
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Field Name |
Description |
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Effective posting date |
The last day of the previous month |
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Reversal date |
The first day of the current month |
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J/E ID |
Defaults to blank. Enter a two-character identifier used to separate batches posted on the same date. This is generally the initials of the person entering the data, or some other code determined by credit union policy. The following codes should not be used when manually entering journal entries: BA Building Assets subsidiary processing CD Check disbursement* CV Check void* FA Fixed Assets subsidiary processing IN Investment processing LA Land Assets subsidiary processing LI Leased Assets subsidiary processing PE Prepaid Expenses subsidiary processing AE Accrued Expense subsidiary processing TR Primary system-generated transactions (summary transactions generated from end-of-day processing) ZZ Year-end closing entries generated from year-end processing (can be used when creating reversing/recurring entries, however) *These journal entries are generated from either check disbursement or reconciliation activity processing. |
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J/E ID # |
A six-character identifier, also referred to as Batch ID, used to further identify the batch. Although any system can be used, it is generally used to record the date (yymmdd) when the batch was actually typed.
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