1. Bilateral Loans
  2. Defining Attributes Specific to Loan product
  3. 1098 Parameters Maintenance
  4. Generating ASCII File

3.10.1 Generating ASCII File

You can generate the ASCII File using, ASCII File generation screen.
Specify the User ID and Password, and login to Homepage.
  1. On the homepage, type OLDASTMT and click next arrow.
    The ASCII File generation screen is displayed.

    Figure 3-20 ASCII File generation


    Description of Figure 3-20 follows
    Description of "Figure 3-20 ASCII File generation"

  2. The following details of the Advice are displayed.
    • Customer - This is defaulted to ALL and you are not allowed tor amend this value.
    • Contract Ref No - This is defaulted to ALL and you are not allowed tor amend this value.
    The details are displayed.
    • Borrower Name
    • Borrower SSN
    • Interest Paid
    • Refund Amount
    Click Generate to generate the ASCII file across all the borrowers and across all contracts.

    Note:

    Only those contracts booked under products with Include in 1098 Statement selected and with the interest paid for the year greater than the threshold limit are considered for the ASCII file generation.

Parent topic: 1098 Parameters Maintenance