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ACCUFUND RELEASES LOAN TRACKER

Nonprofit accounting company AccuFund has introduced Loan Tracker for the AccuFund Accounting Suite. The module offers loan management capabilities to housing and economic development agencies managing CDF, EDA and WDA and other loan programs. The system includes amortization tables, coupon books, and flexible loan rate management fully integrated with the AccuFund Accounting Suite. The system can run daily billing, a monthly billing cycle or “Bill on Payment”. Transactions and changes to loan values can also be added manually. Loan Tracking manages the write off of both billed amounts as well as the loan balance and the software can also accommodate partial write offs and post write offs on payments on defaulted loans.

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