Select Amount Type for APS

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Select Amount Type for APS

While setting up recurring ACH payments, lenders can now select from two additional options to calculate the amount to be considered for debiting. 

If you are migrating from an earlier version to CL 2.3007 or higher, you must add the options "OLDEST UNPAID BILL" and "TOTAL OUTSTANDING BILL AMOUNT" to the Amount Type picklist field of the Setup Automated Payment object of CL Loan.

For steps to do this, refer to section Modify the Drop Down List.

Recommended layout

This is rendered as follows on the Setup Automated Payment page in the contract: