Restructure Fees
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Navigation: The User Interface > What is in Simplicity > Toolbar > Clients (Browse) > Client Dashboard > Fees > Restructure Fees |
oThis form allows the user to insert the proposed restructure fee amount for the client.
This is an example of the Restructure Fees Form
The following can be found on the Fees browse:
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·Credit Provider: oDisplays the creditor to which the restructure fee payments will be made (Can be changed on the Master Fee Table).
·Description: oAllows the user to insert a Description for the Fees, does not affect the proposal reports .
·Use Default Amounts: oThis will insert the maximum allowed amount for each fee. oApplication fee R50.00. oAdmin Fee R300.00 oRestructure Fee Max: §R8000.00 for single application or the client affordability all excluding vat. §R9000.00 for joined application or the client affordability all excluding vat.
·Collect as additional upfront Fees: oThis allows the user to remove the "Application Fee" and "Administration Fee" from the proposal and add it as an additional payment on the payment plan, the total of which is added on top of the collection amount for the first month.
·Application Fee: oAllows the user to insert an Application fee.
·Administration fee: oAllows the user to insert an Administration fee.
·Restructure Fee: oDisplays the Restructure fee amount.
·Reckless Lending Fee: oAllows the user to insert a Reckless Lending fee. §When inserting an Unproposed PDA Account record with account type "Reckless Lending Loan", the sum of the original balance and the reckless lending amount on the fee form can not exceed R 1500.00.
·VAT Amount: oDisplays the total VAT amount for the fee figure.
·Total DC Fees including VAT: oDisplays the total DC fees including VAT.
·Note: o Allows the user to insert a note for the restructure fee record. |
General Features available in this window:
Ø Text Box
Ø OK
Ø Cancel