Navigation:  Loan Screens > Account Information Screen Group > Payment Information Screen > Loan Information tab > Recurring field group > Cycle By Due Date

Entry: User, checkbox

F/M: Yes

Mnemonic: RABYDU

Screen: Loans > Account Information > Payment Information screen

 

If you check this box, the Due Date will be used for the date the recurring payment is processed. When you check this box, the Recurring Effective Date fields become disabled, and the Recurring field and days prior to Due Date Effective fields become enabled. You should then select how many days before the Due Date this customer wants the automatic recurring payment processed.