Batch entry allows for processing of large number of payments much more quickly and efficiently than can be done through the Loan Query screen. The batch file must be an XML file. Please refer to the NLS XML Import Spec for the supported elements and attributes.
By setting the loan default Transaction Entry Batches to Force Batch or Prompt for Batch, you can enable the Transaction Entry Batches. This activates the batch commands on the processing screen.
See the section on Batch Transaction Processing for additional information.