Summer'22 Release
New features
The following table lists the new features added to the Q2 Loan Servicing User Guide for Simple Loans for the Summer'22 release:
Serial Number | Feature | Link to the section |
---|---|---|
1 | Reference Floor and Cap Rates | Floating Rate Index > Floor and Cap Reference Rates |
2 | Interest Capitalization Posting on Business Days only for all frequencies | Interest Capitalization Posting on Business Days only > From the Summer'22 release |
3 | Transaction Statement for Pre-paid fees in LDT | Transaction Statement > Transaction Statement for Pre-paid fees in LDT |
4 | Transaction Statement includes identifier column to differentiate between Adjusted Interest as Credit and Debit | Transaction Statement > Following new columns are added in the Transaction Statement:
|
5 | Prepayment Penalty Fee | Apply Prepayment Penalty Fee |