Search found 83 matches

by wtech_josh
Tue Oct 05, 2021 11:56 am
Forum: Management and Financials
Topic: Exporting payments to a Quickbooks compatible format
Replies: 9
Views: 2253

Re: Exporting payments to a Quickbooks compatible format

Nobody's told me specifics of what they're clicking in QuickBooks to import their data, but people definitely made it sound like it was standard operating procedure. I looked through the lists you can import from CSV, and among the options were "checks" and "payments". If you imp...
by wtech_josh
Tue Oct 05, 2021 12:28 am
Forum: Management and Financials
Topic: Exporting payments to a Quickbooks compatible format
Replies: 9
Views: 2253

Re: Exporting payments to a Quickbooks compatible format

Hi Mark, From what I understand, other people are exporting the Payment Reconciliation report, and then importing into QuickBooks to prevent duplicate entry. If you can't import a CSV file directly, maybe the "Excel and CSV Import kit" from Intuit will make that possible? https://quickbook...
by wtech_josh
Fri Oct 01, 2021 12:27 pm
Forum: Management and Financials
Topic: Apply one borrower payment to multiple loans
Replies: 3
Views: 1228

Re: Apply one borrower payment to multiple loans

Sounds like a good approach for your situation. :)
by wtech_josh
Wed Sep 29, 2021 12:47 pm
Forum: Management and Financials
Topic: Apply one borrower payment to multiple loans
Replies: 3
Views: 1228

Re: Apply one borrower payment to multiple loans

The short answer is you'd record two payment records - one on each loan - and put the same info in the description section. So the check number would be the same on both of those payments. You might even add a note in the description indicating that you recorded a split. For example: Check #0454 for...
by wtech_josh
Fri Sep 10, 2021 2:41 pm
Forum: Management and Financials
Topic: Report Question - Payment Distribution vs. Investor Report
Replies: 1
Views: 6776

Re: Report Question - Payment Distribution vs. Investor Report

The answer is complicated, buckle up! In Moneylender there’s a division between “settings type records” and “transaction type records”. Settings records are anything you can create and edit – everything on the Settings and Payments tabs, for example (payments, principal, escrow, adjustments, late fe...
by wtech_josh
Fri Sep 10, 2021 2:40 pm
Forum: Management and Financials
Topic: Report Question - Payment Distribution vs. Investor Report
Replies: 1
Views: 6776

Report Question - Payment Distribution vs. Investor Report

On one of our loans the borrower made a $3000 payment and on the payment distribution it shows the $3000 going to principal but on the investor report for that month it only shows the regular payment amount not the full payment that was made in that month. Assuming that it carried forward I ran an i...
by wtech_josh
Wed Jul 07, 2021 10:03 pm
Forum: Statements and Servicing
Topic: Simple Annual Report for Loans
Replies: 0
Views: 9250

Simple Annual Report for Loans

For lenders that might need to send an annual report to stay in compliance with local laws, I've attached a template to this post that will serve as a good starting point. IMPORTANT - FOLLOW THESE INSTRUCTIONS TO INSTALL If you skip steps on these instructions, you may have trouble adding this templ...
by wtech_josh
Fri Jun 25, 2021 10:19 pm
Forum: So my borrower just...
Topic: Their payments are all over the place and I just want it to show that they're current.
Replies: 1
Views: 15895

Re: Their payments are all over the place and I just want it to show that they're current.

An update added the menu option - Loan > Mark Loan Current. This will add an adjustment on the date before the current due date to wipe out all the past due amounts.
by wtech_josh
Thu Feb 25, 2021 12:37 pm
Forum: Statements and Servicing
Topic: Print Any Template, but I don't see Escrow Analysis, Payoff Quote, etc.
Replies: 0
Views: 7552

Print Any Template, but I don't see Escrow Analysis, Payoff Quote, etc.

In Moneylender, only the “Statement, Letter, or Contract” template type doesn’t require some special information. Those are the templates that can be printed from the Servicing menu (that includes printing from Print Any Template and choosing one). All other types of template fit into other places i...
by wtech_josh
Fri Jan 08, 2021 1:00 pm
Forum: Installation / Portfolio Setup
Topic: What if someone steals my computer?
Replies: 1
Views: 10290

Re: What if someone steals my computer?

Add a strong password to your portfolio – Portfolio > Configure Portfolio Users > add a user account for yourself and give it all the permissions and choose a really strong password > click Save. ml3 create user.png Now select yourself and click the Primary (star) button to mark your account as a fi...