Loans > Loan Screens > Account Information Screen Group > Consumer Line-of-Credit Screen > Options tab > Billing & Payment Options field group > Coupon & Billing Cycle codes > Coupons

Coupons can be ordered through the GOLDTeller system (tran code 82) or by using the action codes in the Loan system.

To order coupons through the Loan system:

1.	Access the Loans > Account Information > Actions, Holds and Event Letters screen in CIM GOLD.

2.	In one of the Action Code fields on that screen, click the list icon and select "100" or "104."

3.	In the Action Date field, select the date you want the coupons printed and sent to this account.

4.	Click <Save Changes>.

The night the coupon is either created (if GOLDPoint Systems coupons) or added to the vendor tape, the system then changes action code 100 to 101 or action code 105 to 106. This allows you to know if coupons have been created or are still waiting to be created. Once you have ordered the coupon (action code 100), the system evaluates the loan setup to determine how many coupons are needed and when to begin and end the coupons.

Note: If you order coupons using the Action Code fields, the system first looks for action code 100 or 105. It then looks for an action date. If the date is blank, no coupons are ordered. If the date is today or less, coupons will be ordered. If the date is in the future, coupons are not ordered until the night of the date. Example: Today is 8-7. You order coupons with a date of 8-10. During the afterhours of the night of 8-10, coupons will be ordered.

The fields that will impact beginning and ending dates of coupons are: Coupon/Billing Code, Coupon/Billing Cycle, Payment Method, Reserve Constant, Analysis Effective Date, P-I Constant Change Date, a calculated next P-I Constant, Term of the loan (minus installments paid), Balloon Date, and the action code you use (100 or 105).

If the Reserve Analysis Effective date (on the Loans > Account Information > Additional Loan Fields screen) is blank, the system uses Feb. 1. If an action code of 1, 2, 3, 5, 7, 10, 11, or 18 is placed on the account, the system will create coupons up to the action date entered for the action code. For example, if action code 1 has been entered on the account with an action date of 07-01-10, enough coupons will be printed to last until the action code date instead of the intended coupon end date.

Note: If the Reserve Analysis Effective field and the rate change dates are equal, the system will perform an additional calculation to determine if the analysis has run this year or not by taking the Reserve Analysis Effective date with the current year and subtracting four months. It then determines if the Last Analysis Date is between this calculated date and the Reserve Analysis Effective date with the current year. If it is, the analysis has already run and coupons will be ordered. If not, the system assumes the analysis has not run and the rate will be changing at analysis time. If the last analysis date is blank and the loan was recently opened, the system will create coupons if ordered.

Ordering Coupons

Ordering Coupons