Making a Loan Payment

Step-by-Step Guide:

1. Click "Make a Payment" from the Loan Overview screen or the Balance at a Glance view.
   
   
   
   
2. The Post Payment wizard will run. 
   
   A - Post On Date: The date the payment was/will be posted on.
   B - Account: Drop-down menu that offers all accounts related to the specified tenant. This category should be defaulted to the specified loan. 
   C - Type: Drop-down menu that offers a list of methods of payment types; cash, check, money order, electronic.
   D - Amount: Dollar amount in this payment.
   E - Unpaid Balances: Offers the dollar amount of unpaid interest and principal on the tenants loan account.
   F - Interest Payment: Amount of payment to be paid toward the interest balance on the loan.
   G - Insurance Payment: Amount of payment to be paid toward insurance on the loan.
   H - Principal Payment: Amount of payment to be paid toward the principal balance on the loan.
   I - Other Payment: Amount of payment to be paid toward an "other" category.
   J - Description: Field to enter a description of the loan payment.
3. Fill in the appropriate fields.
4. Click "Next".
5. Review that the information regarding this payment is correct. 
   
6. Click "Post". 
7. Success! You have posted the Loan Payment.
    
8. The payment will now appear in the "Charges & Payment History" page for the specified loan.