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| Reporting and Amortization Schedules |
Reporting
Reporting is very important to your agency, and is an intricate part or the GMS-RLSS system.
The reports and statistics menu puts the basic reports in one easy to use menu and makes retrieving information a snap. These and other reports can also be accessed from the main tool bar.
Standard reports include: Loan Payment Status Report, Loan File Aging Report, Current/Non-Current Balances, Analysis by Fund, Accrued Interest Report, Borrower Profiles, Portfolio Statistics, and the Monthly Activity Report.
Every organization has its own information requirements. User defined Optional Fields in
the master files allow you to track virtually any piece of information you may need in your
everyday management or specific information for funding sources. All of this information is available to create reports using the Master Query function (the report writer).
Additional “supplemental” reports and options can be purchased from GMS and allow each
GMS client to select items that are specific to his or her agency needs.
The report can be displayed, printed or exported to any number of other software packages.
Amortization Schedules
Amortization tables can be computed for virtually any combination of terms, including special terms such as interest only or balloon payments.
Once questions are answered and the table is created, you may edit the table to create a
specialized report for specific loan circumstances.
The table criteria may be saved under a loan number. This means an amortization table created during an application process can be retained for use if the loan is granted and modified if needed for any purpose.
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