External Mortgage Payment File
This DNAapp will create a data file containing payments made in DNA® for externally serviced mortgage accounts, and will create a file with these transactions.
This updating process consists of one batch executable application (SQT) that produces a file of mortgage payments for external mortgage accounts from Cenlar. All monetary transactions that were processed with a Bill Payment Deposit transaction type and posted to any of the indicated internal "Bill Payment" accounts, are gathered by this program and written to the output file to be sent to Cenlar for processing.
This application requires each Bill Payment account number to be associated with a specific "payment type" to differentiate between regular installments and principal payment transactions. (See "Parameters" in User Guide.)
By default Bill Payment transactions are of type BDEP. Transactions may also be of type DEP if the "Include DEP transactions" parameter is specified.
Benefits
This process automates the production of bill payment transaction files to vendor for posting.
App Information
- Version
- 1.1.1.1 - Published August 2024
Support
Request SupportSpecs
DNAapp Type: Batch Application
Developed with DNAcreator™
Technical Name - PS_CENLAR_BillPay.SQT
DNAX File Name: PS_CENLAR_BILLPAY.dnax
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