Transaction Codes for Trust Accounting

Seven new standard transaction codes have been added to the loan system for the purpose of controlling trust accounting.

Transaction Code Transaction Description
10 Trust Deposit
20 Trust Disbursement
22 Trust Disbursement - Servicing Fee
32 Trust Receivable - Servicing Fee
40 Subsidized Interest Receivable
42 Subsidized Interest Payable
50 Dealer Reserve Receivable