Loan Screens > Account Information Screen Group > Account Detail Screen > Late/NSF tab > Paid Amounts field group

Entry: System, numeric

F/M: No

Mnemonic: MRCLCC

Screen: Loans > Account Information > Account Detail > Late/NSF tab

This field only displays information if Institution Option DOPT DLQG is enabled. This field stores an accumulated amount of late charges collected over a period of time. When late charges are collected with a payment (600) transaction, this field will be updated by the amount of the late charge collected.

This field only updates with a payment if the selected loan's Payment Frequency is 13 or less. A pay late charge (550) transaction will also update this field. This field is cleared whenever any of the following occur:

•An Interest-Only transaction (2600-03) is run.

•A Judgment transaction (2510-02) is run.

•A CP2 (Exception) transaction (2600-00) is run.

•The selected loan is brought current.

This field is used in conjunction with the Applied to Payment field during the grading process (see Special Late Charge Assessment and Grading for more information).