Financial Institution Settlement [R1105]

 

The Financial Institution Settlement report [R1105] lists all assets attached to a loan and the corresponding loan payments. This report may be used for reconciling billing received from the financial institution.

The report may be accessed through the Loan report menu [R11] and may be selected interactively for:

• All financial institutions and loans
• A financial institution
• A loan

 

Financial Institution Settlement Selection

• ALL
  Select this checkbox to report on all financial institutions and loans. Leave blank to report on a specific financial institution or loan.
  
  
• Fin Inst
  Enter the financial institution number upon which to report. Leave blank if reporting on all financial institutions.
  
  
• LOAN
  Enter the loan number upon which to report. Leave blank if reporting on all loans for a financial institution.

 

Financial Institution Settlement Report

• LOAN
  The loan number is displayed.
  
  
• PAYMENT
  The principal payment due the asset is displayed for simple interest loans. The principal and interest payment due the assets are displayed for precomputed interest loans.
  
  
• ASSET
  The asset number is displayed. There may be multiple assets per loan.
  
  
• ASSET DESCRIPTION
  The asset description, as entered through the Add Asset option of the New Lease update [U0101], is displayed.
  
  
• SERIAL NUMBER
  The serial number of the asset is displayed.
  
  
• ASSET STATUS
  The long form of the asset status is displayed. Refer to the Status Codes document for a list of asset status codes and their meanings.
  
  
• TOTAL LOANS
  Page totals for the number of assets and the payment amount are shown by loan.

 

Grand Totals

This section of the report will only appear if user has selected 'All' from selection criteria.

• NUMBER OF LOANS
  The total number of loans is displayed for one of the available financial institution.
  
  
• PAYMENT
  The total payment for the available financial institution is displayed.
  
  
• GRAND TOTALS
  The grand total of the 'NUMBER OF LOANS' and 'PAYMENT' is displayed.
  
  

 

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