| DLM Features |
| Basic |
Select |
| Interest Calculation Methods |
| Daily 365 (simple daily interest calculated on 365-day yr.) |
|
|
| Daily 360 (simple daily interest calculated on 360-day yr.) |
|
|
| Fixed Monthly (fixed monthly rate = balance * annual rate /12) |
|
|
| Interest calc method selectable loan by loan |
|
|
| Track lines of credit |
|
|
| Billing Features |
| May assign due dates on 1st or 15th only |
|
|
| May assign due dates on any day of the month |
|
|
| Single payee (make check payable to...) |
| |
| Multiple payees (if more than one agency receives checks) |
|
|
| Management Reports |
| May produce reports for entire portfolio (all funds) |
|
|
| May limit reports to a single loan fund |
|
|
| May choose to include some funds and exclude others |
|
|
| Features Only on Network / Multi-User Versions |
| Multiple user access from multiple workstations |
|
|
| Password security |
|
|
| May assign variable access rights to individual users |
|
|
