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ALMSys® Lease Tracking Software
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Lease-Related Products
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Other Software Products
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Utilities
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ALMSys® 5.4 Development Information
(From Richard Stephens, Chief Software Developer)
(Revised 03/07/2007)
5.4 is READY.
You must be on version 5.3 before going to 5.4.
Click here for upgrade instructions.
Changes for 5.4
The notable items that have been added or changed in 5.4 are listed below.
- Deal - Other Journal was changed to resize the controls better, based on screen size.
- Lease - Misc was changed to calculate mileage per year.
- Added Collection Fees tracking and reporting. Added to Payoff Worksheet, Repossession Summary, and Vehicle Termination Worksheet. Detail and summary reports have been added to report fees for the given date range.
- Added "Standard Depreciation Schedule" report to the Deal - Depreciation screen. This report will show a month-to-month depreciation progression throughout the term of the depreciation.
- Revised search panel to be a list of available fields rather than having individual fields. Split Name and Address search into two separate search types. Added search by phone number.
- Added terminated lease delinquency override date. This is found on the Credit Bureau - General screen. It is used to override the delinquency calculations in the event where the lessee owes the outstanding balance on the terminated lease.
- Changed payoff screen to better understand "Z" transactions (principal adjustments on-the-fly) for active leases.
- Payoff Quotes will now be logged in the audit trail feature.
- Account - Audit screen has been added. This will show all audit trail information for the account (all deals).
- Added the ability to hide the search/names panel on the main menu.
- Added ability of specifying customer limits on overall cap. cost and percentage of portfolio to Account - Names screen.
- Added "Portfolio by Customer" report. This is similar to the Portfolio report, but will show customer limits and over limits.
- Double-clicking on the text values in the basic information for the account area (orange) will copy the text to the Windows clipboard.
- Added "Leveraged Financing Promissory Note" (screen report) to the Leveraged Financing screen.
- Added "Leveraged Financing Assignment of Debt" (screen report) to the Leveraged Financing screen.
- Added "Termination Worksheet" screen to the Vehicle tab. This screen replaces the "Vehicle Termination Worksheet"
report and all functions of that report move to this new screen. In addition, a new report titled,
"Vehicle Repossession Worksheet," is available. All fields on the prior "Vehicle Termination Worksheet"
are input fields on this new screen. Additional features of this new screen include lease-end payment tracking that
is applied against the lease-end charges. A new report entitled, "Vehicle Termination Outstanding Balance Summary,"
will show a summary of all outstanding amounts owed for terminated vehicles.
- Added Primary, Secondary, and Co-Lessee FICO Score fields to Name & Address and Co-Lessee screens.
- Added Vehicle Inventory Sell To Name and Inventory Retail Cost to the Vehicle - General screen.
Retail Cost was also added to the Vehicle Inventory report.
- Changed the hard-to-read yellow labels to olive.
- Insurance tab will not turn red if the lease is terminated.
- Favorites menu added. This will allow you to group ALMSys® menu items and screen functions for quicker access
and more effecient work flow.
- Added Vehicle Confirmed Return screen. This will track anticipated vehicle turn-ins.
- Added Vehicle Confirmed Returns report.
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