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Information for Last Billing Cycle field group
Use this field group to view and edit information about the previous billing cycle for the promotion selected in the Promotion list view for the customer loan account.
The fields in this field group are as follows:
Field |
Description |
Mnemonic: NLBLDT |
The most recent date the promotion was billed. |
Mnemonic: NLCADU |
The most recent minimum payment amount billed for the promotion. |
Mnemonic: NLRPDU |
The amount from the previous billing cycle that is still unpaid. |
Mnemonic: N/A |
The amount of interest billed as a finance charge on the previous billing cycle. |
Mnemonic: NLLAVB |
The average daily amount of the promotion. |
Mnemonic: NLLAPR |
The annual percentage rate (APR) for the promotion on the previous billing cycle, calculated as follows: (((monthly finance charge / average daily balance) X 12) X 100). |
Mnemonic: NLLDPR |
The daily period rate (DPE) for the promotion on the previous billing cycle, which is calculated as follows: interest rate / 365 |