Automated Interest

Automated Interest

 

Administrator level Users within LMS may use the [Interest All Accts] button

 

 

on the Accounts menu to run the interest charging process at any time. This will roll the interest charging forward by one cycle for each account where the next interest due date is today or earlier.   Multiple running of this process is safe and can be used to catch up and lagging interest cycles, even if you are using the LMSAutoProc7 program discussed in the next section.

 

This button should be used daily. If the interest charging has not taken place for more than a few days (say 3), then this process should be run more than once.

 

This button is not available to Basic (level 3) or Operator (level 6) users.

 

 

(for DBAs, System Administrators use)

 

LMSAutoProc7.exe

 

This is a utility program which is an optional use process for the Genawise Loan Manager System, Corporate.

 

It is designed to:-

 

• be run by a scheduler after 01:00AM local time and before 06:00PM local time

• process any interest charges due

 

The program has no "Windows" screens, and is what is known as a Console Program.

 

The program requires two command line parameters

 

1.         The Company Sysid to be used (This will be advised by Genawise )

2.         The Company 4 letter code (UPPERCASE) as set with the program LMSConfig.exe

 

examples:  

 

lmsautoproc7 11 DEMO               <-   would process company with code of demo or DEMO

 

lmsautoproc7 1 AAPL               <-   would process company with code of AAPL

 

 

Dependencies

 

The program needs to be able to access the file LMS12345.tps in the local folder. Then it needs to be able to connect to a running Microsoft SQL Server as per the settings stored in the LMS12345.tps file. Loading the settings needs to be done with the program LMSConfig.exe, also part of the Loan Manager System.

 

Logging

 

The program will write a log file each time it is run showing any error or the number of transactions processed.

The log file will be in the same folder as the program and will be named

   

LMS7_AutoLog_XXXX.LOG   where the XXXX represents the company CODE passed as a parameter. If no company code is passed on the parameter line, then the file will be named   LMS7_AutoLog_XXX.LOG

 

The log files may safely be moved, renamed or deleted, and the system will build a fresh file the next time it is run. Or, you may edit the file(s) by deleting rows determined as no longer required. Used a simple text editor such as Notepad for editing.

 

 

Scheduling

 

The program will not run before 01:00AM (local computer time) or after 06:00PM.

You will need to have your local PC Technician/ Database Administrator manage the setup of the scheduling of the process. The system is provided by Genawise and we do not support the management of the scheduling.

 

It should be scheduled to run EVERY day of the week, so that interest charges are applied on the day they are due.

 

Help

 

Please email Genawise at

 

 

     

        with any support questions.