Margill Loan Manager 4.2

Transcription

1 Margill Lan Manager 4.2 OVERVIEW OF MAIN WINDOWS AND FEATURES n

2 Cntents Main windw Srt / Search / Glbal changes / Recrd Highlight Imprt yur existing data in secnds Recrd windw Creditr Data Credit Reprt Cmpute / Results Table APR, Advanced, Alerts / Reminders Fees / Tax / Insurance (Escrw) Mdule Brrwer Psting payments Electrnic Funds Transfer (ACH, Credit card) Reprting Custm reprts: Executive Dashbard, Recrd List, Transactins Reprt, Exprt t General Ledger Merge tl t create cntracts, letters, invices r statements / Bulk f invices / statements Sftware custmizatin (by the user) Custm fields Custm pull-dwn menus Custm payment types Mathematical Equatins Other distinctive features Clients and Cmments 2

3 Main Windw See all yur lans in the Main windw Display recrds accrding t certain criteria including custm fields Srt recrds as yu wish Display accrding t yur preferences frm ver 900 fields (name, , lan type, lan amunt, dates, balances, ageing, payment rati, etc.) Even add clr t each lan t emphasize specific needs r prblems Fr larger databases, use the pwerful Search engine t display nly the desired recrds 3

4 Imprt yur existing data in secnds Imprt Brrwers, Creditrs and Emplyers Using an Excel sheet with headers and yur data, imprt t Margill in secnds. Simply indicate what each Excel clumn crrespnds t in Margill Fr imprting lans (payment schedules), we can help yu. 4

5 Main Windw We Sell Cars Ltd Even White label the Main windw t yur cmpany Make glbal database changes in the database in secnds: Changes fr the Recrds and fr the Brrwers Fr example, change hundreds f files frm Active t Clsed; r add new data t a brrwer in batch 5

6 Recrd Windw All data is cntained in this windw and its varius tabs: Cmpute (becmes Results Table) Data Brrwer (C-Brrwer / Guarantr) Creditr Credit Reprt APR, Alerts, Advanced Detailed Ntes may be added Send the payment schedule by , attach dcuments, print varius reprts in ne click 6

7 Data Data Tab: Basic math data A preliminary schedule can be cmpletely custmized after pressing n Cmpute Basic lan and identificatin infrmatin Payments can be mnthly, twice mnthly, quarterly, every week (7, 14 days), etc. Attach any type f dcument Unknwn variable cmputed Custm fields and custm menus Electrnic Funds Transfer data 7

8 Cmpute / Results Table Cmpute / Results Table Tab A preliminary payment schedule is first created Yu adapt t just abut any payment scenari: Interest-nly Fixed principal Lump sum payments Unpaid payments Partial and late payments Extra payments Fees, Insurance, Tax: Recurring r ccasinal Added as lines r as clumns Amunt r percentage Amunts accrued, paid, balances Add principal (Advance) any time Insert and delete rws Extend the lan and recmpute the payments Add a Cmment t lines Trick: Use the right muse click!!! 8

9 Results Table Results Table 47 clumns; 17 f which data may be changed Infrmatin includes: Accunting data Paid Interest versus Accrued Interest Paid Principal Alerts Cmment line Outstanding amunts Multiple Balances: Ttal, Balance befre payment Interest, Principal, etc Fees (insurance, taxes) accrued, paid, balance (Escrw) Check and Returned check infrmatin And many thers, fr maximum infrmatin 9

10 Results Table Right muse click ffers multiple ptins including: Change multiple payment amunts at nce Re-cmpute (adjust) payments fr a final balance = 0.00 r ther amunt Change interest rates Re-cmpute interest rates Add r change Clumn Fees N interest n new Principal, Fees, Insurance r ther Special advanced calculatin methds Interest-nly payments fr part f the lan Exprt table t Excel And many mre 10

11 Fees / Tax / Insurance (Escrw) Mdule Pwerful mdule t add regular and ccasinal fees: Clumn Fees (3 types) Line Fees (6 types) Clumn Fees fr recurring amunts (r ccasinal fees) Amunt r as a percentage f the balance r f accrued interest Included in the payment Can als be used fr insurance r taxes Autmatically added fr unpaid / late / partial payments Line Fees fr ccasinal fees Paid separately frm the payment itself All names may be custmized by the user 11

12 Autmatic Fees Payment is missed, late r partial? A checked bunced? Fees are charged fr each cash advance? Create yur wn rules s fees are added autmatically Charge set amunt r percentage f balance, accrued interest r amunt that SHOULD have been paid Charge interest n these fees r nt Multiple rules may be created based n payment type and fee type Multiple fees may even be added fr ne "incident" 12

13 Brrwer Brrwer Tab Brrwer data C-Brrwer data Guarantr data Emplyer Custm fields Brrwer Ntes / Attached dcuments Brrwer Maximum credit Multiple C-brrwers and Guarantrs A Brrwer/C- Brrwer/Guarantr can als be created independently f a lan 13

14 Creditr Creditr Tab Creditr data Syndicated lans (multiple c-creditrs fr a lan (n a percentage basis r amunt)) Lan fficer assciated t lan Custm fields 14

15 Credit Reprt Credit Reprting Tab Reprt t Credit agencies: Equifax, Experian, Transunin Metr 2 reprting fields Fr United States and Canada Mst fields are autmatically updated based n payments Mdule t be used with Credit Manager sftware frm The Service Bureau 15

16 APR (Annual Percentage Rate) APR / APY Extremely sphisticated Annual Percentage Rate calculatin Up t 5 types f fees with custm names Fees can be: Paid up frnt Financed (added t the principal) Paid subsequently Recurring fees can be factred in APR and APY are autmatically calculated Rate up t 9999% Cmpliant with the majrity f jurisdictins Including, US Truth in Lending 16

17 Alerts / Reminders Alerts / Reminders Reminders advising yu that smething must be accmplished These tasks are then managed: accmplished r "T d" Five (5) types f alerts are available: General Linked t a Recrd Example: ask client fr financials Linked t a Line status Example: advise me when a payment is 3 days late Added n a payment line in the schedule Based n mathematical cnditins Add Ntes t Recrd Ntes r Brrwer Ntes directly in Alerts Send t client 17

18 Advanced Advanced Tab: Payment methd: Cmpund interest Simple interest Day cunt: Actual/Actual 30/360 Actual/360 Actual /365 Shrt perids special methd Payment n last day f mnth Autmatic Fees r nt n this Recrd And many thers t btain a truly precise calculatin! 18

19 Pst Payment Tl Pst Payment Tl: Very pwerful tl that allws yu t see which payments are Due and t update these Update Due payments t Paid, Unpaid, Late, Partial, Custmized payment status Als allws t change Paid payments t Unpaid, Late, Partial Add Fees, Expected payment amunt, Grace, Cmment, Check number, etc. Display nly desired payments with an Excel sheet r manually select lan numbers t display Even assign a clr t prblem recrds 19

20 Payment Imprt Tl Batch imprt with an Excel sheet Manual data entry Imprt irregular payments in batches: Add regular/irregular payments t any existing lan: Due payment +Custm Due payment Paid payment +Custm Paid payment Principal +Custm Principal Add with a simple Excel sheet r enter yur recrds manually alng with payment date and amunt Ideal fr lans that d nt include regular set payments 20

21 Electrnic Funds Transfer Electrnic Funds Transfer: Fr US and Canada (ther cuntries n a need basis) Fr the US, NACHA file with Wells Farg Bank and cming sn with Intrix (all US banks) In Canada, we wrk with Perceptech, an EFT prcessr (fr all Cdn banks) and RBC Preauthrized payments, ACH (electrnic check), Credit card payments Submit all future payments f a lan r n a mnthly (weekly r ther) basis 21

22 Reprting Multiple reprts: Standard reprts Amrtizatin tables Reprts yu custmize: Executive Dashbard Recrd List Transactins reprt Accunting reprt Exprt t varius accunting packages including QuickBks and Simply Accunting (Sage 50)) Data merges fr yur letters, cntracts, invices and statements Print, exprt t Excel r PDF We can create highly sphisticated reprts based n yur very specific needs 22

23 Executive Dashbard Executive Dashbard Create yur reprts using ver 550 fields easily accessible by theme Quick prtfli verview Quickly btain number f Recrds, amunts and averages based n multiple criteria the user decides Sci-ecnmic reprting using yur wn custm fields and scrll menus 23

24 Transactins Reprt Transactins List all desired transactins (payments, returned checks, fees, etc.), fr sme r all Recrds in secnds Transactins fr a day, week, mnth, etc. Exprt t Excel r ther frmat 24

25 Recrd List Recrd List: Create yur reprts using ver 1000 fields easily accessible by theme Obtain mnthly, quarterly, yearly, etc. reprts Examples: Recrd List Ttal mnthly payments Ttal fees Ageing f accunts Outstanding amunts Balances And hundreds f thers yu create 25

26 Recrd List(Results) Recrd List Chse the dates yu want Cnvert currencies Cmpute ttals Exprt t Excel, CSV, etc. Even predict the future based n the set future payments 26

27 Exprt directly t General Ledger 0.00 Exprt t yur accunting system s GL Exprt t Quick Bks Pr (and abve) Sage 50 (and abve) CSV, TXT r Excel Others n a custm basis Create yur wn custm reprts in secnds Enter GL Credit and Debit accunt numbers Debit and Credit ttals by accunt Reprts may include a fixed GL number r unique numbers fr each Recrd Summary by accunt Reverse exprted entries (in case f errr) 27

28 Cntracts, Letters, Invices & Statements Merge fields Merge t PDF r Rich Text Frmat (Wrd dcument) Prduce cntracts, letters, statements r invices Draft yur dcuments in Wrd and cpy/paste t Margill Insert any f the 900+ data fields available. Add lgs and images, payment schedule, etc. Add ttals, subtractins, etc. with Mathematical Equatins that yu create Optin t create finely tuned PDF frmats Yu send us yur PDF, we create the persnalized dcument 28

29 Cntracts, Letters, Invices & Statements Dcument merge multiple peratins in ne click (maybe tw ): Save as Wrd (RTF) dcument r in PDF frmat the dcument Batch alng with Subject and Message Attach merged dcument t the Recrd Print 29

30 Custmize Custm Fields / Custm Menus Custm fields Create custm fields fr Lan itself (the Recrd) Brrwer / C-Brrwer / Guarantr Creditr Varius frmats (text, mnetary, date, drpdwns, etc.) Unlimited number f fields Custm Menus Create custm drp-dwn menus in secnds fr: Custm fields Other fields (Lan type, Cuntry ) 30

31 Glbal Database Changes Changes dzens, hundreds, thusands f data in secnds: Change r update data fr the lans r fr the brrwers Enter new data in varius fields r custm fields Activate features such as Autmatic fees Change Lan statuses Add lan number (IDs) Change calculatin methds Add the brrwers' gender And many mre Example: 45 Recrds changed frm "Active" t "Clsed" (paid ff lans at end f fiscal year) 31

32 Payment Type Line Statuses Line Statuses 73 Line statuses allw yu t custmize hw yur payment is applied and reprted in accunting: Paid, Unpaid, Partial Pmt, Fees, Penalties, Insurance, Tax, Additinal Principal, Investment, Adjustment, etc. Name yu wn type f Payment (Paid Cash, Visa, ACH, Write-ff ), Fees (Admin, NSF ) and Additinal Principal Hide and mve the Line statuses based n YOUR needs (nt urs) Fr special cases, even create yur wn "Due payment" Due Cash, Due Check, etc. 32

33 Mathematical Equatins Mathematical Equatins Create yur wn Mathematical Equatins using hundreds f fields. Used fr: Reprting special data nt included in the regular fields Ttals in invices r statements Prtfli analysis (ratis ) 33

34 Other Distinctive Features Multi-Currency Fixed r variable interest rates Change interest rates fr multiple lans in ne peratin Multi-User (Netwrk) Varius rights given t users (frm Admin t Read-nly) Server install r n the Clud Intuitive WYSIWIG interface What Yu See Is What Yu Get Unique mathematical flexibility Unique user custmizatin Learn basics in 30 minutes Our pretty excellent, fantastic custmer supprt ;-). We are there fr yu! 34

35 Clients and Cmments Margill clients are lcated in ver 37 cuntries Our typical clients: Private lenders Banks Gvernments / Ecnmic Develpment Agencies Private and Publicly-traded cmpanies Accuntants Assciatins Law firms Partial list f clients Testimnials Lan types: 35 Persnal, Crprate, Inter-c, Emplyee, Aut, Mrtgages, Bridge, Cnstructin, Factring Develpment lans (Crprate Cmmunity, Rural, Native and Energy Efficiency) Legal (Judgment cllectin, Cllectin, Tax lans, Litigatin lans) Margill has greatly imprved the efficiency and rganizatin f ur Lcal Prducer Lan Prgram. Margill is a vast imprvement frm ur frmer technlgy, and we are grateful t have it. Whle Fds Market, Inc. Margill has made ur lives much easier here since we installed it. It has cut dwn the time it takes t perfrm my mnth-end accunting prcedures greatly!!! Antny Relu Directr f Crprate Accunting The Bre Grup

36 Dem / Cntact us Schedule a 45 minute dem with ne f ur experts Free 30-day fully functinal trial: Cntact us fr mre infrmatin: sales@margill.cm supprt@margill.cm Phne: (001) Tl-free Nrth America: Skype: MargillSlutins 36