Moneylender Professional - Loan Servicing Software

Itemizing Payments on the Loan Control Report

The Loan Control Report can separate payments by values in the Itemization field. If you have several methods for receiving payments or want to track them by location, use the Itemization field to split out payments on the Loan Control Report. Select a loan, then Loan > Payments> New Payment from the Main Menu.

Loan Control Report - Itemizing Payments

Entering information — such as “Main Street Branch” or “Electronic Payment” — into the Itemization field tells MLP to group that payment with similar payments on the Loan Control Report.

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