Loan Manager – Latest Posts
Margill Loan Manager – Explanatory document for Transition from “Perceptech” to “VoPay”
September 4, 2024 The transition from Perceptech to VoPay is done in a few minutes in Margill. Simply follow the instructions below and follow the short “Transition Wizard” in Margill. 1) Before the transition, it is important to know that the following fields are mandatory for the Borrower: Name, First name (or Company), Address, City, […]
Margill Loan Manager / ACCEO
Explanatory document for Transition from “Perceptech” to “Transfere ACCEO” September 4, 2024 The transition from Perceptech to Transfere is done in a few minutes in Margill. Simply follow the instructions below and follow the short “Transition Wizard” in Margill. Note that ACCEO Transphere is the same company as Perceptech but on a technical level, Margill […]
Margill Loan Manager – How to create a report which identifies all of the unpaid payments
Q: How can we create a report which identifies all of the unpaid payments? A: I would create and run a Transaction report. 1. Create a New report template. On the top right, pick up at least the Unpaid Pmt Line status (there could be other Unpaid Pmt Line statuses). 2. On the left from the “Transaction […]
Margill Loan Manager – How to eliminate an Outstanding amount when the final loan balance is 0.00
Question: I’m trying to apply a payment in order to elimintat the outstanding balance in a loan. Can you explain how to do it? Answer: The outstanding amount is somewhat of a theoretical amount in more complex or irregular loans. The amount is based on what is actually paid (“Payment” column in the Payment schedule) […]
Margill Loan Manager – Update of Borrower’s data with Global Changes and an Excel sheet
Margill Loan Manager – Update of Borrower’s data with Global Changes and an Excel sheet Question: I must make sure that all my loans include a name, address, city, province (or state), postal code (or Zip) and country for the Borrowers in a specific format. How can I do that in Margill? Answer: This operation […]
Is it possible to issue a refund to a customer who overpaid, directly from Margill?
Q: Is it possible to issue a refund to a customer who overpaid, directly from Margill? A: Do you mean issuing a credit to the customer directly in Margill like when you do a pre-authorized debit with Perceptech / Acceo / Transphere (in Canada)? The answer is no with Perceptech / Transphere but with our […]
Seamless Legal/Litigation Fees Finance Management and Interest Calculation for Law Firms
Seamless Legal/Litigation Fees Finance Management and Interest Calculation for Law Firms with Margill Loan Manager Many law firms, particularly, personal injury lawyers (accidents, injuries, claims, liability) will finance their client costs and fees until the settlement occurs, at which time they will deduct these fees, costs and now interest, from the settlement amount. With rising […]
Webinar – What’s new in version 5.4
See the cool new features in version 5.4 released from January 22 to September 15, 2022. For more details on the new additions, please visit the Release Notes page.
Automated invoice numbering
Q: I created an invoice in Margill (via Document Merge) and would like to know if it can number the invoices automatically. A: A few options are available in Margill First method: By using the Global Changes function import your invoice numbers directly into your Records. Let’s start by creating a Custom field to import […]
On a $1000 loan at 20% interest, why is my interest not $200 for one year?
Q: On a $1000 loan at 20% interest, why is my interest not $200 for one year? A: This is a common question that we often get and some information is missing to answer the question so we’ll analyse this, taking into account various scenarios and how to manage this in Margill Loan Manager. There is […]