Post Payment Data Entry Guidelines

The following table summarizes the data entry and edit requirements for each field on the Post Payment Entry/Update screen.

Field Name	Required?	Size/Format	Edits Performed (or Recommendations)
Loan Detail Line
Principal Due	Optional	10 decimal characters	Format must be 'nnnnnnn.nn' .
Interest Due	Optional	10 decimal characters	Format must be 'nnnnnnn.nn' .
Late Fee	Optional	10 decimal characters	Format must be 'nnnnnnn.nn' .
Collection Fee	Optional	10 decimal characters	Format must be 'nnnnnnn.nn' .
Payment Due	Required	10 decimal characters	For a payment to be posted, this amount must be greater than zero.
Payment Summary Line
Payment Date	Required	10 alphanumeric characters	Format must be "mm/dd/yyyy". Defaults to the current date. The date can be changed, but cannot be a value that occurs after the current date.
Principal Due	N/A	N/A	Read-only field; system calculated.
Interest Due	N/A	N/A	Read-only field; system calculated.
Late Fee	N/A	N/A	Read-only field; system calculated.
Collection Fee	N/A	N/A	Read-only field; system calculated.
Total Payment	Required	10 decimal characters	Format must be 'nnnnnnn.nn'. The default value is system-calculated. The value can be changed to any amount; however for the payment to be posted, the value must be greater than zero in Borrower Services. Note: The values may be negative for payments made via the Office Management Post a Payment function.