2020/06/22 - Refinance a Standard Loan with or without Cash Flows

Since last month, you have been refinancing standard loans in Fairways Debt with only one option: a full repayment including cash flows.

This works well for accountants, but as a treasurer, you may not want to see these cash flows.

Now, you can either fully refinance with or without cash flows.

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Transaction schedules of both types remain the same, i.e. cash flows display. However, schedule reports now display differently.

Only the last payment of the refinanced transaction displays.

Refinance_CashFlows_No_EN.png

 

However, IF the refinancing transaction includes a prepayment penalty AND IF that prepayment penalty must be refinanced by the refinancing transaction, then that penalty line displays.

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See Refinance a Transaction for more details.

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