Configuring Loan Delinquency Fine Codes (1)
Screen ID: | UDLQFN-01 | |
Screen Title: | Delinquency Fine Code Definition | |
Panel ID: | 6260 | |
Tool Number: | 464 | |
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Access this screen by selecting Tool #464: Loan Fines Configuration.
SEE ALSO: Configuring Tools for Collections
SEE ALSO: Delinquency and Fine Calculation Methods Used by CU*BASE
This is the first of two screens used to set up Delinquency Fine Codes. These codes are attached to a loan account to define which type of delinquency fine should be assessed should this loan become delinquent.
Delinquency fine codes control the following:
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When and how delinquency fines are assessed.
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The G/L income account for fines.
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Whether or not fines are recurring.
To create or edit a delinquency fine code, enter a one character alpha-numeric code and use Enter to proceed to the second screen.
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NOTE: A blank in the delinquency fine code field on the account update screens is reserved for “no delinquency” (no delinquency fines are assessed). Zero is an available fine code.