NCA Account Types

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NCA Account Types

Program Navigation: Simplicity > toolbar Frame > Master Data > NCA Account Types

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·Allows a user to insert NCA Account Types (such as a Bond or Credit Card) that are selected when inserting client obligations.

·NCA Account Types will determine how the proposal calculator generates proposed figures for the associated obligation.

·The Nature of the proposed figures can also be specified by the user per NCA Account Type by inserting the desired values in the necessary fields in the NCA account type form.

NCAAccountTypes

This is an example of the NCA Account Types browse

 

NCAForm

This is an example of the NCA Account Types form

Minus18The following fields can be found in the NCA account types form:

·Type:

oAllows the user to select a creditor type for the NCA Account Type - This determines the default proposal calculations used by the proposal calculator.

 

·Description:

oThis field allows the user to insert a description for the NCA Account Type.

 

·Creditor Code:  

oThis field allows the user to insert a Creditor Code for the NCA Account Type.

 

·Percentage of:

oAllows the user to select a value type that must be used for a custom proposed calculation.

 

·Balance:

oWill use the outstanding COB balance as the value type for proposed calculations.

 

·Instalment:

oWill use the original COB instalment as the value type for proposed calculations.

 

·Period Percentage:

oThis field allows the user to insert the percentage and periods left.

 

·Percentage less than periods left :

oThis percentage of the selected value type will be used when the original outstanding term of the obligation is smaller than the value inserted in the "Periods Left" field.

 

·Periods Left:

oThis figure determines which percentage figure will be used (if the original outstanding term of the obligation is smaller or greater than this figure).

 

·Percentage more than periods left:

oThis percentage of the selected value type will be used when the original outstanding term of the obligation is greater than the value inserted in the "Periods Left" field.

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