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Principal field group
Use this field group to view and edit General Ledger and balance information for the customer loans being service released. General Ledger information must be indicated (in both this and the Reserves field groups) in order to complete a service release.
See the main screen help for the Service Released screen to learn more about the process of service releasing loans.
Use the G/L Debit Account or G/L Credit Account field to indicate the General Ledger account to post released principal balances. The balance indicated in the Current Balance field will be debited or credited to the General Ledger account specified.
The Current Balance field displays the total of all principal balances of the loans that appear in the Service Release list view.