3.7 Update Loan Amount

Reference: Establish and Maintain Loan Process Model - Page 2 for the business process diagram associated with this activity.

Actor/Role: CC&B

Description: The overall Loan Amount is updated in CC&B.

Entities to Configure

•	Adjustment type

•	Adjustment type profile

•	Distribution codes

Available Algorithms

•	ADJT-TA - Payoff Amt = Adj / Current Amt = 0 FT algorithm. It creates a financial transaction for adjustments.

•	ADJT-CA - Payoff Amt = 0 / Current Amt = Adj Amount (no GL) FT algorithm. It creates a financial transaction for adjustments.

•	ADJT-NM - Payoff Amt = Adj / Current Amt = Adj FT algorithm. It creates a financial transaction for adjustments.