Cap. Orig. Fee GL to NetLoan Reconciliation
Purpose
This report is a general ledger transaction search that provides the balance of capitalized loan origination fees through the selected period, grouped by loan. These balances should be compared against the NetLoan subledger at period-end to ensure that all expected transactions and balances per the subledger have been properly reflected on the general ledger.
How To
Navigation:
NetLoan > Reports > G/L & Recon Reports > Cap. Orig. Fee GL to NetLoan Reconciliation > Run
Filtering:
Filter from "blank" through the current reporting period.
You can also filter by a specific GL account, subsidiary, loan type, etc.
Results
Once the desired filters have been selected, the results will display by loan. Result columns include the origination fees balance per the General Ledger and the origination fees balance per the subledger. Clicking the NetLoan Loan hyperlink will drill down to show the details of the individual loan:
Differences in the origination fees balance between the general ledger and subledger should be investigated and resolved.