Shaw Software Product Tips: COMMERCIAL

Shaw Software Product Tips: COMMERCIAL

Shaw Software Product Tips: COMMERCIAL

Below are some quick product tips for our COMMERCIAL software:

The Pending Trans List (TRPE) on the Commercial screens can be used to enter transactions that do not need to be applied until a future date. Here are a few examples:

  • Payments received.
    • For reconciliation purposes, the monies can be carried on a monthly basis until it is time for them to post and then the monies are moved from an unallocated GL account to the standard GL accounts at that time.
  • Rate and index changes for master loan and participations.
  • Payment modes, frequencies, due dates, and payment amounts.

The TRPE can be used in lieu of using the Remarks Tickler. This allows you to enter the transactions and forget about them and should decrease the amount of time spent working the Remarks Tickler Listing Report.

This is the fourth part of a series. Be sure to check back for the next installment.

Interested in our loan servicing software? Shaw invites you to experience the knowledge, service, and expertise that others have known since 1967 at Shaw Systems. Please don’t hesitate to call us if we can be of assistance. You can reach us at 713.782.7730 or solutions@shawsystems.com.