Latest Version

The latest version of Tango32 is version 3.83.  Download.  History of Changes
News -
Version 3.83 Released

• Loans
  • There is an option to allow loans to have interest charged to the account on the anniversary day of the loan rather than the last day of the month.  This version ensures that interest charges will be charged on the correct day for interest-in-advance loans.
  • New subledger option for subledgers that are charged when a loan completes to only charge the subledger for writeoff transactions instead of for all loan-completion transactions such as payouts.
  • Minor adjustment to the layout of the credit card export data for "Secure Pay"
  • Fix bug with the anniversary day flag when creating new payments due after a drawdown.
  • There is now a new "Line of Credit" caclculation method which allows you to set a "Minimum repayment amount" and a "Percentage of balance" which must be repaid each month.
  • Fix bug which charged extra interest on a loan with "simple interest" calculation methods, when the loan was paid out n the dat that interest was due to be paid.
  • Loan Data-Entry Templates now have a "Data Source" which allows you to specify where a value can be copied from to save the user having to enter it into a template.  
  • When using the API to insert drawdown transactions, the system will use the default transaction-subtype if it is enabled for a particular subtype.
  • When processing an interest run at the end of the month, the system will also process any loans that were supposed to be charged interest on their anniversary day, if that day occured prior to the end of the month, and interest had not yet been charged.
  • Fixed bug which set incorrect repayment frequency when extending repayment variations at the end of term of loans which were still in arrears.
  • Fixed bug with Principal / Interest report with arithmetic overflow error when projecting future balances on accounts with large gaps in repayment schedule.
  • Fixed bug with displaying and allowing changes to classification codes on the loan form.
• Investments
  • Fixed bug which occasionally set the wrong balance of an investment when it was rolled over into an existing account.

Version 3.82 Released
Loans
Fixed the "Invalid use of Null" error when displaying the repayment tab of a loan.
Consumer Credit Payout Quotes now include subledgers charged at the completion of a loan.
All payout quotes will ignore subledgers charged at completion of the Start / Stop month settings prevent that subledger being charged.
Version 3.81 Released
  
Loans
When defining drawdown types, there are new options to:
1. Allow new payments due share the same anniversary day as prior payments.
2. Post a rebate transaction to account for any new unearned income added to the account as a result of the additional payments.
Drawdowns enhanced to generate a repayment schedule for any loans that don't have them at the time the drawdown is posted.
Form Letters.  New merge fields:
1. <<DrawdownsToDate>> shows the total value of drawdown transactions on the account since the account was opened.
2. <<ArrearsPlusUnpaidEnforcementExpenses2>> shows the total amount outstanding on the account but ensures this amount will not exceed any payout quote.
New dynamic text facility.  (See Setup / System Tables / Messages)
This lets you dynamically control the content (and color) of some messages that are displayed on the loan form for such things as:
1. Variation Information
2. Interest Free repayment info
3. Altered direct debit and credit card information
New facility to prevent changes on active loans for Repayment Amounts Due or the Gross Interest. Previously these items were both locked.  Now either of them can be locked without locking the other.
Direct Debits.  Fixed bug which treated an account as being complete if it had been completed then re-activated by a drawdown.
Subledgers:
1. enhanced the "Start Term" and "Stop Term" settings to apply to subledgers based on the repayment amount of a loan.
2. Added a new "V" calculation method based on a percentage of the total amount advanced.
3. "At completion" subledgers will be included in any payout quotes for loans that have them.
Loan Activity Report.  Optimized this report to iomprove performance.
Classification Codes:
1. New facility to create a hierarchy of classification codes. (See setup / System Tables / Classification1,2,3,4)
2. New facility to disable classification codes so they may not be used when entering new loans.
On the Loan form:
1. there is now a new "Total Advanced" field showing total drawdowns plus original amount advanced.
2. The "Arrears Details"  subform now also shows the current payout quote for the loan as well.
Payout Quotes. Fixed bug when requesting a "Monthly Interest" type payout quote. (Implicit conversion from data type datetime to int is not allowed)
Investment System
New facility to rollover an existing investment into another existing investment account.

News - Version 3.80 Released
Loans

• New facility for drawdowns to re-activate completed loans, and remove any completed entries from the repayment schedule.
• Fix bug which showed incorrect arrears on loans which had been re-activated by a drawdown.
• New facility to set a particular type of drawdown as the default type to use when entering a drawdown transaction.
• Fixed infinite loop bug when posting drawdown transactions on interest in advance loans with non-monthly interest periods.
• The "Import from table" facility now includes the option to add a value for the "General Purpose 2" field.
• Fixed "SET OPTIONS HAVE CHANGED" cursor bug when creating a loan summary report on a SQL 2005 database.
• Fixed calculation for number of days in arrears when a payment is partially paid.
• Fixed bug in calculating the interest component of the arrears balance. Previously payments in advance were incorrectly allocated to interest in advance.
• Loan Activity Report now includes loans that were reactivated by Drawdown transactions.
• Payout Quotes done via form letter will now include any drawdowns as part of the payout quote calculation.
• For interest deferred loans the repayment schedule now shows an additional information about the minimum monthly repayment necessary to pay the loan out during the interest free period.
• Fixed "type mismatch" error when re-creating automated credit card transactions in some circumstances.