The Rewrite (RWT) Adjustment Method
LeasePak menu:
Daily Work [U01], Payment Reschedule[U0104]
Corresponding End of Period process: None
Related to
: Payment Reschedule [U0104]
Rewrite
allows changes to security deposit, book initial direct cost, insurance
premium, residual (precomputed leases only), and the remaining portion of
the payment schedule, the date of the last rewrite and the number of rewrites
will be stored.
Additionally, this adjustment method calculates the Turn-In
Date for the lease +1 day after the Maturity Date.
The procedure for applying Rewrite (RWT) is similar to that of RSC. For more information on instructions for applying a Rewrite payment schedule adjustment method to a lease, click here.
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