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.
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
Support
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DNAapp Type: Batch Application
Developed with DNAcreator™
Technical Name: PS_LN_DLR_SOLD
DNAX File Name: PS_LN_DLR_SOLD.dnax