Debtor Financial Summary

Detailed Field Information File Date Charges Principal Interest Fees Totals Paid Principal Paid Interest Paid Fees Paid Total Paid Total Owing Principal Owing Interest Owing Fees Owing Adjustments Overpayment Early Payoff Savings Total Owing Current Owing Current Principal Current Interest Current Fees Current Owing

Related Information Total Charges Promise Schedule Atable Schedule Help OK See Also

Examples And Tutorials Enter A New Debtor Setup Debtors Setup Debtor Status Codes Use Pick Lists Modify Or Create A Pick List Group Debtors Ungroup Debtors Setup Account Matching Batch Email Debtor Letters Batch Close Debtors By Status Code Renumber Debtor File Numbers Create An Age Type Commission Rate Plan Use The Attachment Form Attach Files To Records Store Scanned Documents In Accounts Use Control Files Attach A Control File Search For Records Reassign Debtors To A Client Using Macros Do Credit Scoring Manage Promised Payments Schedule Debtor Letters Change Labels On The Attachment Form

At a glance, this view gives you a summary of all the debtor's financial information, including charges, payments and outstanding balances. Overpayments, interest, fees and adjustments are displayed as well. For interest and loan accounts, amounts needed to bring the account to current are also displayed.

Debtor Financial Summary form

To display this form, click into the debtor's Owing field or press F2.

File

This is a read only field displaying the debtor's File Number. This is taken from the field on the Debtor form labelled 'File'.

Date

This is a read only field displaying the current date. This is your system's date. It is displayed in the upper right hand corner of the Collect! window. Please ensure that you see the correct date in this field.

Charges

The figures in this column are the total charges posted and accrued for this particular debtor.

Principal

This is the total Principal charged to this account. Click into the field or press F2 to display the Principal Detail form for more details.

Interest

This is the total Interest accumulated on this account from the date you began to charge interest. Click into the field or press F2 to display the Interest Detail form for more details.

Fees

This the amount of all Fees charged to this account. Click into the field or press F2 to display the Fees and Charges form for more details.

Totals

This row contains the totals for each of the columns, Charges, Paid and Owing.

Total Charges

This is the total of all charges listed in the Charges column.

Paid

The figures in this column are the total payments posted for this particular debtor's accounts.

Principal Paid

This is the total amount from payments that has been applied to the Principal charged to this account. Click into the field or press F2 to display the Principal Detail form for more details.

Interest Paid

This is the total amount from payments that has been applied to Interest charged to this account. Click into the field or press F2 to display the Interest Detail form for more details.

Fees Paid

This the amount from payments that has been applied to Fees charged to this account. Click into the field or press F2 to display the Fees and Charges form for more details.

Total Paid

This amount is the total of all payments listed in the Paid column.

Total Owing

The figures in this column are the total outstanding Owing amounts for this particular debtor's accounts.

Principal Owing

This is the total amount of Principal still outstanding on this account. It represents the difference between the Principal Charged and the Principal Paid. Click into the field or press F2 to display the Principal Detail form for more details.

Interest Owing

This is the total amount of Interest still outstanding on this account. It represents the difference between the Interest Charged and the Interest Paid. Click into the field or press F2 to display the Interest Detail form for more details.

Fees Owing

This is the total amount of Fees still outstanding on this account. It represents the difference between the Fees Charged and the Fees Paid. Click into the field or press F2 to display the Fees and Charges form for more details.

Adjustments

This is the total amount of any Adjustments posted to this this account. It represents the total of transactions posted to the 'Adjustment' account. Click into the field or press F2 to display the list of Transactions for more details.

Overpayment

This is the total amount of any Overpayment calculated on this account. This field is only visible when there is an overpayment amount.

Early Payoff Savings

This field is only visible for Preamortized Interest accounts when the account is paid off before the end of the term. It displays the Early Payoff Savings taken from the Interest Detail settings for this account.

Total Owing

This is the total of all outstanding amounts listed in the Owing column. It represents the difference between the Total Charged and the Total Paid.

Current Owing

The figures in this column are the amounts needed to bring the account to current. This is useful for Loans and Interest accounts.

Current Principal

This amount is the Principal that needs to be paid to bring this account to current. Click into the field or press F2 to display the Principal Detail form for more details.

Current Interest

This amount is the Interest that needs to be paid to bring this account to current. Click into the field or press F2 to display the Interest Detail form for more details.

Current Fees

This amount is the Fees that need to be paid to bring this account to current. Click into the field or press F2 to display the Fees and Charges form for more details.

Current Owing

This is the total of all amounts listed in the Current Owing column. It represents the total value of payments necessary to bring the account to current.

Promise Schedule

Select the Promise Schedule button to display the Promise Listing Summary where you may view all scheduled payments and details.

If there is no Promise on the account, you will be prompted to create one if desired.

This button is NOT visible when you are calculating preamortized interest on an account.

Atable Schedule

This button is only visible when you have Preamortized Interest set up on the Debtor account. Select the Atable Schedule button to display the Amortization Table Summary where you may view all scheduled payments and details.

Help

Select this button to view Help on the Debtor Financial Summary.

OK

Select this button to close the Debtor Financial Summary form.