Navigation:  Loans > Loan Screens > Investor Reporting Screen Group > Loan Investor Fields Screen > Investor Loan Basics tab > Calculation Codes field group > Reserve

Mnemonic: LNIRCL

 

Use this field in the Calculation Codes field group to indicate a calculation method for the investor's portion of reserves on the customer loan account.

 

There are two options in this field. Either no calculation is performed, or the method can be defined as Amount of Reserve Paid this Month x Portion Sold.

 

This information is copied from from the Investor Calculations tab on the Investor Group screen (if valid information is entered in the Investor fields). The value entered in this field group overrides any value entered in the Investor Calculations tab on the Investor Group screen for the customer loan.