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.
For more information, refer to Processing Prepayment Schedule topic in this manual.