Search found 83 matches

by wtech_josh
Wed Jul 08, 2020 2:22 pm
Forum: Statements and Servicing
Topic: E-mail Notices 10 out of 11 failed
Replies: 1
Views: 5514

Re: E-mail Notices 10 out of 11 failed

Your mail server rejected the messages. Try sending them one at a time. Maybe there’s some kind of throttling on how many emails you can send per hour or per day or something. Mail service providers put rate limits on emails (especially free accounts) to help prevent the spread of viruses and spam. ...
by wtech_josh
Wed Jul 08, 2020 2:08 pm
Forum: Statements and Servicing
Topic: E-mail Notices 10 out of 11 failed
Replies: 1
Views: 5514

E-mail Notices 10 out of 11 failed

mlp-emails-failed.png
mlp-emails-failed.png (46.55 KiB) Viewed 5514 times
by wtech_josh
Wed Jul 08, 2020 2:04 pm
Forum: Management and Financials
Topic: Report for cash or short-term loan receivable (one year projection)...
Replies: 3
Views: 7822

Re: Report for cash or short-term loan receivable one year projection...

Oh, ok. So change the amount due column - make the column value be “amount due -minus- fees outstanding” and then the other formulas in the screenshots from my earlier reply work just fine. That way, your projection for the next year shows the total that becomes due, less the assumed late fees when ...
by wtech_josh
Wed Jul 08, 2020 2:03 pm
Forum: Management and Financials
Topic: Report for cash or short-term loan receivable (one year projection)...
Replies: 3
Views: 7822

Re: Report for cash or short-term loan receivable...

The report works well, but look like we should not include the outstanding fees. If we do, it will calculate $10*11 mos of pmt behind. Please advise.
by wtech_josh
Wed Jul 08, 2020 2:02 pm
Forum: Management and Financials
Topic: Report for cash or short-term loan receivable (one year projection)...
Replies: 3
Views: 7822

Re: Report for cash or short-term loan receivable...

The interest is the amount of earned, unpaid interest on the loan, and then the principal is the total due minus the interest. You can set up column values like: mlp-report-column1.jpg And subtract the fees, interest and escrow due from the total amount due. What’s left it the amount that would pay ...
by wtech_josh
Wed Jul 08, 2020 2:01 pm
Forum: Management and Financials
Topic: Report for cash or short-term loan receivable (one year projection)...
Replies: 3
Views: 7822

Report for cash or short-term loan receivable (one year projection)...

Good morning,

i need to run a report for cash or short term loan receivable. As below, we can get total amount due, but can we aslo have two separate columns for accrued PRIN and INT?

Thank you.
mlp-report-projection.jpg
mlp-report-projection.jpg (69.95 KiB) Viewed 7822 times
by wtech_josh
Wed Jul 08, 2020 1:57 pm
Forum: End of Loan
Topic: Credit when closing a loan, payoff quote with closing fees
Replies: 1
Views: 9074

Re: Credit when closing a loan, payoff quote with closing fees

The box on the payoff quote window is a place to enter tentative fees that you’ll charge if the borrower actually pays off the loan. When recording the payoff payment and closing the loan, if you have such fees, add them to the loan before closing on the Settings tab > Other Fees section. Record the...
by wtech_josh
Wed Jul 08, 2020 1:56 pm
Forum: End of Loan
Topic: Credit when closing a loan, payoff quote with closing fees
Replies: 1
Views: 9074

Credit when closing a loan, payoff quote with closing fees

When I use Pay-Off calculator I add closing costs and a total is printed on a letter that I mail. See attached as example. Today I received the $903.73 and posted the payment using the drop down “Final Payment” Then I go to close account and I get the message that the Borrower has paid more and has ...
by wtech_josh
Wed Jul 08, 2020 1:49 pm
Forum: Configuring Loans
Topic: Adding payment to cover future due dates...
Replies: 1
Views: 5146

Re: Adding payment to cover future due dates...

There’s a button on the Payments tab with three money stacks . This button is to split a payment against future due dates. Click that, enter the payment amount, and it’ll show you how it plans to divide and record the funds. It’ll create multiple payment records for you. The logic it follows is to p...
by wtech_josh
Wed Jul 08, 2020 1:46 pm
Forum: Configuring Loans
Topic: Adding payment to cover future due dates...
Replies: 1
Views: 5146

Adding payment to cover future due dates...

A customer who's payment is due on the 15th and is current wanted to make this month's payment and next month's payment. They said they did not want it going to principal only, they specified it for two payments. When we entered the total of the two payments in the ML payment screen as usual the mai...