News

Tango32 Version 4.02 Released

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March 22, 2013

LOANS Fixes Fixed bug in drawdown module which created incorrect entries in the repayment schedule when the drawdown was supposed to extend the term of an existing loan. Fix problem when variation is due on last day of 31 day month and loan settles on last day of 30 day month. This was causing incorrect dates in the variation schedule. Fix spelling error in Payway Credit Card export. Fix “out by one day” error on smoothed interest in advance loans in their final month.

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Tango32 V4.01 Released

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December 18, 2012

LOANS Fixes fix string overflow error for direct debits with many conditions Better error handling when Classification5 parameters are entered incorrectly Fix interest calcs for Smoothed Interest Only loans in their first month Fix “out-by-one” error on interest only offset days for non-smoothed IO loans Fix balance error when repairing schedule Fix direct debit variation problem with as at date prior to defer date Fix direct debit variation problem where loan settles on last day of month and nominated date is on last day of short month

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Tango32 V 4.00 Released

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November 9, 2012

Loans Fixes Fix problem with zero hold back accrual in first month when forcing even hold back accruals and account doesn’t start on the first day of the month Fix inaccuracy in “M” (Part Repayment) subledger calculation Fix regular Direct Debit variation on IO loans Fix Direct Debit Variation problem on variations prior to defer date Fix double up of interest in Daily Interest Report for Interest In Advance accounts

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Tango32 V3.99 Released

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October 15, 2012

Loans Fixed the misspelt form letter field “Gu7arantor2Address” Fixed bug where expired direct debit variations cancelled direct debits based on the repayment schedule. Investments Modified “include active accounts” logic Account Summary Report to use the status of the account on the “As At Date” instead of the current date when working out whether an account should appear on the report. Fix “out by one day” error when using the rollover wizard to roll over an investment into a new account when the SetupInformation / RolloverOnSameDay flag is ticked.

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Tango32 V3.97 Released

in tango32

October 3, 2012

Loans New Direct Debit Variation facility to allow finer control over regular and one-off direct debits. New Fields to record Credit Bureau scoring information against a loan at the time of settlement. Fixed bug in Receipt Allocation Report which didn’t pick up if an account hadfees if that account had not been charged a penalty. So accounts that had never been in arrears and weren’t charged an overdue fee weren’t showing account keeping fees on the report.

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Tango32 V3.98 Released

in tango32

October 3, 2012

Loans Fixed error “Could not find stored procedure” when trying to run direct debit for multiple days. Fixed incorrect date of first Principal and Interest Payment for a hybrid loan where the first and last Interest-Only payments are due on the last day of the month, but the loan didn’t settle on the last day of the month.

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Tango32 V3.96 Released

in tango32

June 22, 2012

Investments New options on Investment Business Codes to specify the default settings for the flags “Pay Interest When Due” and “Pay By Direct Debit” Fix length of parameters when printing Rollover form letters using the printing wizard Fix bug in Rollover Printing Wizard which was counting ROI accounts twice. Added min/max term to Investment Issues and Series New option on Investment Payout Quotes to ignore “Pay Interest When Due” flag so that the quote includes interest that would normally be paid to the investor instead of being capitalized.

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Tango32 V3.95 Released

in tango32

March 8, 2012

General Enhanced Ad Hoc Query system to be able to import data Loans Fixed bug with API calls from external programs such as Phoenix which were creating incorrect repayment schedules for hybrid loans. fixed bug with “Repair Schedule” when fees were scheduled to end of term of a loan. Fixed “zero divide” error and incorrect handing of fees when they were charged advance on P&I report Fixed problem with double up of “date due” in repayment schedule where a loan has several different repayment amounts

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Tango32 Version 3.94 Released

in tango32

December 23, 2011

Loans Modified Statement Fee charging option to use the DR GL Account from the Business Code of the loan being charged if the subledger for the fee does not have a DR GL Account. New option on Business Codes to charge ODI as a debit, and to specify a related subledger. New option on Delinquency Reporting System to specify a filter used to calculate totals used as a basis for percentages in the footer of the report.

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Tango32 Version 3.93 Released

in tango32

November 16, 2011

Investments Fixed interest balance projection for accounts where interest is paid to investor when due. Fix interest projection report when account starts on the last day of an interest period Modified payout quote on investments where interest is paid to investor rather than being capitalized. The interest credit and interest payment now both show on the payout quote. Loans Prevent changes to the “Outstanding Balance” field on the “Change Schedule” form.

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