#813 write-off analysis
It is nearly impossible to manage a loan portfolio without needing to eventually write-off bad debts. Some funders require loans be written-off once they reach a
specified level of delinquency, sometimes 90 days, 120 days, or another trigger point. Although loans may be written-off at any time, it becomes especially important at the end of a fiscal year. If outstanding loan balances are included in the financials as an asset account (Notes Receivable), the accuracy of year-end reports may depend on clearing bad debts.
Write-off Analysis allows you to enter a cutoff date, which creates a report that reflects loan activity through the specified cutoff date. Users then enter the range of write-off dates to be included on the report, which is especially helpful for year-end reports. The report offers the standard RLSS report selection criteria, allowing you to print for a specific fund should your funders request this information. A report reflecting your agency's total portfolio may be prepared by not limiting selection criteria when creating the report.
specified level of delinquency, sometimes 90 days, 120 days, or another trigger point. Although loans may be written-off at any time, it becomes especially important at the end of a fiscal year. If outstanding loan balances are included in the financials as an asset account (Notes Receivable), the accuracy of year-end reports may depend on clearing bad debts.
Write-off Analysis allows you to enter a cutoff date, which creates a report that reflects loan activity through the specified cutoff date. Users then enter the range of write-off dates to be included on the report, which is especially helpful for year-end reports. The report offers the standard RLSS report selection criteria, allowing you to print for a specific fund should your funders request this information. A report reflecting your agency's total portfolio may be prepared by not limiting selection criteria when creating the report.
costs
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# Licensed Users
1 - 2 Users
3 - 4 Users
5+ Users
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Purchase Price
$200.00
$250.00
$310.00
|
Annual License/Maintenance
$30.00
$37.50
$46.50
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