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Loan Management System$4,195.00
Track Loans Payable and Receivable from within SL. Enter a Loan application and process approval or directly add the loan. System tracks loan data and creates amortization schedules. Payments received or made are automatically broken down between principal and interest. Select Loans payments due for Payable Loans and have vouchers created automatically in AP. Interest Accrual and Payments received posts directly to the GL. Reporting includes statements, aging and delinquency.
Loan Management-Escrow Module$1,095.00
Works with the Loan Management System to add Escrow feature for Mortgage system. Track Escrow balance, write checks and make deposits using MICR encoding.