Dealer Expense for Loans Sold image

Dealer Expense for Loans Sold

By Fiserv

This batch application recognizes the unamortized dealer expense on the sold portion of the loan; pass an entry to the loan account reducing the deferred expense.

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Meta information

Platform

DNA

Category

Consumer Lending

Overview

This batch application recognizes the unamortized dealer expense on the sold portion of the loan; pass an entry to the loan account reducing the deferred expense.

 

Benefits

This application automatically processes the Dealer Expense (DEXP) for the remaining Upfront Dealer balance, based on the percent sold on the loan.   

App Information

Version
1.0.0.2 - Published May 2021
Developer Website

Specs

DNAapp Type: Batch Application

Developed with DNAcreator™

Technical Name: PS_LN_DLR_SOLD

DNAX File Name: PS_LN_DLR_SOLD.dnax