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Screen Update field group
The Screen Update field group displays the date the system began collecting and storing information on this loan. Information is only gathered from the Start date (AVTSDT) and is not recalculated for prior years. Therefore, data for years prior to the start date will not be displayed.
The Stop field (AVTSED) displays the date the system stopped collecting and storing information for this account. This date is entered when the loan is paid off, service released, or charged off (general category 80-89). This is when the system stops the daily updating for the interest accrued and daily interest accrual. At the end of that month, the system will calculate the averages, and no additional updates to the Average Balances tab concerning this account will be made.