Navigation: Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Origination/Maturity tab >
Payoff Amount
Entry: System, numeric
F/M: No
Mnemonic: LNCLAT
Screen: Loans > Account Information > Additional Loan Fields > Origination/Maturity tab
This is the total payoff amount of the loan, as indicated in the Amount field on the Loans > Payoff screen. This field is populated when the Payoff transaction is run (tran code 580). For more information on paying off a loan, see the Loans > Payoff screen help.
If a reversal of a payoff is processed, this field changes to zero.