7.10.3 Specifying Prepayment Schedule Processing
Indicate the type of payment schedule processing that you want to maintain. You can
select one of the following options:
- FIFO - If FIFO option is selected, then the schedules are rebuilt based on the FIFO logic.
- LIFO - If LIFO option is selected, then the schedules are rebuilt based on the LIFO logic.
- Prorata - This option is defaulted from the Bilateral Loans Product Definition screen.
Parent topic: Making Manual Payments