Spring'22 Release
New Features
The following table lists the new features added to the Q2 Loan Servicing User Guide for Amortized Loans for the Spring'22 release:
| Serial Number | Feature | Link to the Section |
|---|---|---|
| 1 | Balloon Payment | Balloon Payment |
| 2 | APS on Last Bill Balance Amount | Automated Payments > Set Up Automated Payments with Multiple Payment Modes and Retrial Attempts > Amount Types |
| 3 | APS on Custom | Automated Payments > Set Up Automated Payments with Multiple Payment Modes and Retrial Attempts > Amount Types |
| 4 | Manage the Excess Amount | Contract Management > Excess Amount> Manage the Excess Amount/Excess Adjustment |
| 5 | Consideration for Business Days in Days in Advance To Create File and Lock Period |
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