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Margill Loan Manager Software
Update
To get the updates
go to the Download Center
This page shows the changes and improvements in the latest Margill
Loan Manager update.
Version 2.1 - April 12, 2010
(2.1.100412.1)
- Improved Line status navigation (simplified constraints)
- Various adjustments of version 2.0 which was a major update
Version 2.0 - February 9, 2010
(2.0.100209.1)
- New custom data fields (unlimited number) that may be included
in Record List (Customized) report.
- Multiple currencies within the same portfolio.
- In Record List Customized, conversion of various currencies
based on exchange rate to selected base currency or to any other.
- Unique log on by the same user name.
- Record access blocked to one user. Other users in read-only.
- Multiple new Line statuses:
- Fees paid
- Fees 2
- Fees 2 paid
- Fees 3
- Fees 3 paid
- Invoice paid
- Penalty
- Penalty paid
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- Insurance
- Insurance paid
- Taxes
- Taxes Paid
- Investment
- Investment withdrawal
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- Deposit
- Other 4
- Other 5
- Adjustment
- Information
- Not set
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- New data integrity constraints (takes into account Line status
and the amounts indicated for these payments as well as logical
parameters).
- For accounting: actual paid interest, due interest, refunded
principal, due principal (if Line status = Paid pmt, Partial pmt
or Late pmt, Add. pmt) can now be obtained easily.
- Over 10 new columns in the Result table offering additional
information (for example: balance prior to payment, interest paid,
principal paid, scheduled payment date, different balances, etc.).
- Column identifying the minimum payment to be paid.
- Optional adjustment on Payment as opposed to preset Fixed principal
amount or interest portion for an Interest-only payment. Multiple
new refunding options particularly fro SImple interest calculations.
- Automatically calculated fixed principal refund amount to yield
balance = 0.00 or X.
- Multiple (over 40) new data elements in Record List (Customized)
report and RTF reports (merge):
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- Amortization period less 1 payment
- Amortization period less 2 payments
- Interest rate (nominal end effective) quoted on a monthly
basis
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- First Payment Amount (> 0.00)
- First Payment Date (Pmt > 0.00)
- Last Payment Amount (> 0.00)
- Last Payment Date (Pmt > 0.00)
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- Currency - Symbol
- Currency - Abbreviation
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- Fees Paid (Line Status = Fees Paid)
- Fees 2 (Line Status = Fees 2)
- Fees 2 Paid (Line Status = Fees 2 Paid)
- Fees 3 (Line Status = Fees 3)
- Fees 3 Paid (Line Status = Fees 3 Paid)
- Adjustment (Line Status = Adjustment)
- Invoices Paid (Line Status = Invoice Paid)
- Insurance (Line Status = Insurance)
- Insurance Paid (Line Status = Insurance Paid)
- Tax (Line Status = Tax)
- Tax Paid (Line Status = Tax Paid)
- Penalty (Line Status = Penalty)
- Penalty Paid (Line Status = Penalty Paid)
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- Investment (Line Status = Investment)
- Investment Withdrawal (Line Status = Investment Withdrawal)
- Other 4 (Line Status Other 4)
- Other 5 (Line Status Other 5)
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- Princ. (original) + Add. Princ. (Line Status) up to End
Date entered
- Accrued interest from last Payment
- Date of last Pmt tagged as "Paid" (Line status = Paid
Pmt, Paid Late Pmt, Partial Pmt, Partial Paid Pmt or Add.
Pmt)
- Accrued interest - Year to date Paid interest - Year to
date
- Minimum Payments (Total for the period)
- Next Due Minimum Payment
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- Paid Interest (for the period) Paid
- Principal (for the period)
- Balance Due Principal
- Balance Due Interest
- Balance all other
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- Doubtful Accounts (%)
- Doubtful Accounts (Date from Record)
- Doubtful Accounts (Balance from Record date)
- Doubtful Accounts (Balance from Report date)
- Bad Debt (Date) Bad Debt (Balance)
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- APR - Total Principal + Total Cost (Interest + Fees)
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- Comment may be added for each payment line directly in the Payment
update tool.
- Record Attachment notification (paper clip image).
- In Record List (Customized) report, multiple CSV "pure" date
formats and export to Excel with or without currency.
- Telephone number now in the Loan Summary window (main window)
in order to sort by phone number
- Major database optimization for larger loan portfolios (1000-5000
Records)
- Borrower first and last names and company name in Record window
header (for easier identification).
- One less step when saving and replacing a Record.
- Multiple other "behind the scenes" improvements and adjustments.
Version 1.4 - March 16, 2009
(1.4.090316.1)
Version 1.4 includes mutiple new components the main ones being
: custom reports, reports between two dates, invoice and statement
module, new custom fields and read-only user.
Changes and improvements since version 1.3:
- Nine (9) new customizable fields in Borrower (fields may be
text, monetary, percentage, numerical or date)
- Document management – attach documents to a specific Record
- Read-only user
- Record access limited to own records if desired
- Data integrity tool that checks to see if line status is appropriate
for a positive, negative or 0.00 payment
- Forced "Additional Principal" line status to be negative
- Custom invoices and statements (including tax reports – IRS
1098 for example)
- Reports:
- Reports for a user-defined period (monthly, quarterly, yearly,
etc.) using start and end dates
- User-created custom Record lists that may be saved to Excel,
CSV or TXT formats and then exported to third party software
(accounting, pre authorized payment system, etc.)
- For detailed reports, system number now on each page for
quick identification
- For invoices and statements and other data merges (RTF Editor)
option to save as one RTF file, one RTF file with x number
of records per page or multiple files (including system numbering)
- Balance = 0.00 not checked unless specifically checked by user
- Alt-2 shortcut to select, in the payments schedule, one line
out of every two lines (to have payments only every second month
for example)
- In the main MLM window (Record Summary window) and in the payments
schedule, Alt-
shortcut to increase font size and Alt-
to reduce the size.
- Change of name from Actuarial Method to Effective Rate Method
- Multiple changes and adjustments from version 1.3
Version 1.3 - March 20, 2008
(1.3.080320.1)
- Payment update tool
- Various adjustments from verison 1.1
Version 1.1 - May 25, 2007
(1.1.070525.1)
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