You can locate the calculator in the top, black information bar in EasyLodge®.
On the Calculator screen you will find the Loan Amounts calculator.
(Scroll down on this page of the "How to Manual" to see, How Residuals are handled and where to change it.)
On the Loan Fees screen you can choose (by using the drop down box), if the fee is to be charged at establishment(Drop down box: Weekly, Fortnightly, Monthly, Quarterly, Bi-annually, yearly) , or if it is to be a recurring fee(Drop down box: Weekly, Fortnightly, Monthly, Quarterly, Bi-annually, yearly).
The establishment date field can be past, present or future dated.
You can add more fees by clicking on the green + Fee button.
On the Repayments page you can select a date, Repayment frequency(Weekly, Fortnightly, Monthly, Quarterly, Bi-annually, Yearly) and number of Repayments.
You can also use the toggle's to set; in advance or interest only.
All the Summarized Information will show in the middle of the Calculator screen.
The Repayment forecast will show the schedule for the selected term and frequency, including any applicable fees.
You will find the Print Schedule button on the top right side of the calculator screen. By clicking on it the Print Schedule button will download the loan repayment calculator in pdf format.
Step 1
Go to Admin in the top Menu bar and then click on Platform.
Step 2
Click on Settings.
Step 3
Click on EasyTrack®
Step 4
You will find a section on Amortization Behavior on this page.
This is where you control how the Residuals are handled.