Term/Maturity Date

Use Term and Maturity Date

Tick to allow the user to enter a Maturity date in the New Account Wizard.

Tick where the Maturity date must be entered for this Account Type.

The Maturity date can then be entered in the New Account wizard, and displays in the Financial page of a completed Account form.
From the Account form, Financial page, using either the "Review Maturity Date" icon or the "Review" button within the Financial Details Summary, Maturity dates can be edited or the history viewed.
All Account calculations for a Revolving Credit Loan with a Maturity date are now shown through to at least the Maturity date. However, no attempt is made to complete the Loan via a final payment.

Select the default Term for the New Account Wizard; this will convert to a date within the New Account Wizard.

Define the minimum term for new accounts of this Account Type.

Define the maximum term for new accounts of this Account Type.