GOLD Services Screens > General Ledger Screen Group > GL Account By Loan Type Screen

Entry: System, numeric

F/M: No

Mnemonic: N/A

Screen: Loans > System Setup Screen > G/L Account By Loan Type screen

Normally an income statement account, this G/L account is used during the Deferment (tran code 2600-13), and sometimes during Payoff (Payoff transaction (tran code 580)). to recognize or rebate deferment income. It posts as follows:

Deferment - The system posts a G/L Credit (tran code 1810) by Journal In, Check In, or Cash In to this G/L account to recognize the deferment charge amount.

Payoff - The system will normally post a G/L Credit Correction (tran code 1810 correction) by Journal In, Check In, or Cash In to this G/L account to rebate the deferment income.