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In this case, yes, in general I doubt it. I assume this system is designed to handle manually adjusted payments for syndicated lending. So you've got one borr
by JackFr 6y ago
In this case, yes, in general I doubt it.
I assume this system is designed to handle manually adjusted payments for syndicated lending. So you've got one borrower with potentially multiple credit facilities, with each credit facility will be funded by multiple lenders, each with potentially multiple accounts. The events you are dealing with are fees, underpayment/overpayment of interest or principal, late or early payments of principal, transfers of balances from one lender to another, funding transactions and plenty I haven't thought of or considered but are represented by check boxes on that UI.
It's complicated. The reason the system exists is because it's complicated, and prone to human error, and the before and after might generate dozens of events in dozens of accounts.