Plus Late Charges

Entry: System, numeric

F/M: No

Mnemonic: LNLATE

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

Field Group: Payments Due

This is a calculated field that shows the total amount of late charges due on the loan. Late charges come from the Late Charges Due field on the Late Fees tab of the Loans > Account Information > Fees & Late Charges & Penalties screen. This field and the Plus Fees field are added to calculate the Total Due.