Navigation:  Loan Screens > Account Information Screen Group > Account Detail Screen > Payment Detail tab > Payment Due Date Roll field group > Dollars/Percent

Entry: User, radio

F/M: Yes

Mnemonic: LNDDRT

Screen: Loans > Account Information > Account Detail > Payment Detail tab

 

This field can only be accessed if the loan has one of the following payment methods:

 

Precomputed (payment method 3)

Line-of-Credit (payment methods 5, 9, and 10)

Interest Bearing (payment method 6)

 

The Dollars/Percent radio buttons work in conjunction with the Roll Due Date Within field to allow your institution to accept less than the payment amount and have the loan due date "roll" forward by one frequency as it would if the full payment amount had been received. WARNING: These fields should be used with care.

 

When entering data in the Roll Due Date Within field, you should also select either the Dollars or Percent radio button.

 

•To enter a value of 80 dollars, enter 80.00 and select the Dollars radio button.

•To enter a value of 80 percent, enter 80.00 in this field and select the Percent radio button.

 

For more information, see help for the Roll Due Date Within field.