Can Exec-Amort keep track of loan payments?
With Exec-Amort, you can create a note that will properly calculate the interest charge on payments that are made on various payment dates. You can then run a amortization report that will reflect the irregular payments, appropriate interest charge, late fees and any unpaid interest due at any point in the life of the note. Our customer service department will be more than happy to assist you when you do your initial irregular payment note. Once you have completed one, it should be fairly easy for you to do others.
