My borrower sometimes sends their payment on more than one check, on different days. How do I enter an irregular/additional payment?
To enter an irregular payment, add an additional payment to the last payment entered. 1. Click on the Add Payment button and press the Tab key to the Payment # field. 2. Change the current payment number back to the previous payment number and press the Tab key, this will prompt the program to put a number in the Add’l Payment # field. 3. Enter corresponding dates. 4. Enter the Amount Due and Amount Received. The program automatically enters the amount received in the Past Due/Unapplied field with the code UNA. 5. Enter the amounts in the appropriate fields and remove the code and dollar amounts in the Past Due /Unapplied fields. Note: If the total amount received is to be held and applied at a later date, Mortcare will add the unapplied total to the next payment. See the User Manual/Loan Payments/E. Over Payment/Keeping it in unapplied and using it later, instructions.
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