Navigation:  Account Delinquency screen > Delinquent Payments tab > Payments Due field group > Total Due

Entry: System, numeric

F/M: No

Mnemonic: CLSTOT

Screen: Account Detail, Payment Detail tab; Loans > Collections > Account Delinquency, Delinquent Payments tab

Field Group: Payments Due

 

This field shows the total amount due on the loan to bring it to a current status. It is the sum of all payments due on the loan plus late charges and fees minus partial payments made. Two asterisks (**) will appear by this field if there is an amount in the Remaining Portion Due field. The amount will also be displayed. The remaining amount is added to the total due for daily simple interest loans (payment method 6).

 

Possible errors are “PMT CALC ERROR,” “DATE ERROR,” “MATURED LOAN,” and “PAYOFF DUE.” The MATURED LOAN warning will only appear if the Ignore Maturity Date field on the Loans > System Setup > Autopost > Collection Options screen is not checked. If the field is checked, the account will be displayed in the queue, regardless of the maturity date. The “PAYOFF DUE” message will appear when the principal balance is less than the calculated amount due (payment + late charges + fees - partial payments).