Default "Closed Pending" status?
Tick to default an Accounts Status to 'Closed Pending' when closing Accounts. See here for an explanation of Closed (Pending) Status.
Review Days
Sets the number of days an Account will remain in Closed Pending status before displaying a Review Log in the Task Manager.
Complete Close during Account Processes, if Review date passed?
If ticked, an Account that is currently "Pending (Closed)" will be closed if:
- The Account Type is set to complete the process.
- The Account has a Pending Close Review Date defined.
- The Pending Close Review Date is on or prior to the "Process To" date entered.
Loss Formula
You can calculate Loss on Full prepayment. Options are:
| Option | Description |
|---|---|
| None | No Loss will be calculated, even if the Interest Rates have changed |
| Custom | Loss will be calculated based upon a script. |
Loss Formula
You can calculate Loss on Full prepayment. Options are:
| Option | Description |
|---|---|
| None | No Loss will be calculated, even if the Interest Rates have changed |
| Custom | Loss will be calculated based upon a script. |
Immediately archive Declined/Unwanted Quote Accounts?
Tick to archive Declined or Unwanted Quote Accounts.
Where this is unticked, Accounts will be updated to the status of Unwanted or Declined rather than having the Account record removed and a Client Archive record created. Additionally the Account will still show in Reports and can have Workflows attached.
Allow Closed Accounts to be re-opened?
Tick if Accounts of this Account Type are able to be re-opened.