Teller System > Transactions > Loan Transactions > Loan Transaction Codes > Tran Code 0070, Amortization of Deferred Discount/Gain

This transaction amortizes any discounts or gain on the loan. Amortization occurs automatically at monthend; however, you can manually run this transaction as well.

The following is an example of this transaction in CIM GOLDTeller:

Discounts/gains are entered when the loan is originally opened. However, an amount can also be entered in the Remaining Fees field via a teller transaction as follows:

	Tran Code	Field	TORC
Remaining Fees	0510-35, 0510-36	235	116
Remaining Costs	500-45, 500-46	245	117
Remaining Discount/Gain	510-37, 510-38	37	118
Remaining Premium/Loss	500-39, 500-40	39	119