Navigation:  Loan Screens > Account Information Screen Group > Payment Information Screen > Loan Information tab > Recurring field group > Fee Amount

Entry: User, numeric

F/M: Yes

Mnemonic: RAFAMT

Screen: Loans > Account Information > Payment Information screen

 

If your institution charges a fee amount each time a recurring payment occurs, enter that amount in this field. This fee is credited to your General Ledger account set up on the GOLD Services > General Ledger > G/L Account By Loan Type screen each time the recurring payment occurs.