The system adjustment generator is accessible through the adjustment setup screen by clicking on the generate adjustment list icon .

 

 

The system adjustment generator in mortgages/loans calculations runs your common adjustments against the actual side and converts ‘Set Mortgage payment’ adjustments to the equivalent negative monthly payment or override adjustments. For the PPI calculations, the generator also calculates differences in payments with or without interest. All other adjustments in the adjustment set are copied across.

 

The first step to take is to select the Calculation Type you require from the dropdown options list. Then select the adjustment set that you want to base the new set on (note that this will be greyed out where not applicable). By tabbing across into the next box, Adjustment set to be created, a new set name will be produced.

 

The options available are as follows;

 

Multi-lender screen		Under / Over payments
		PPI Interest charged
		PPI Payment difference
		PPI Payment + interest (credit card) Arrears (Notional)
Investment screen	Normal	None
Investment screen	Premium rollup	PPI Interest charged
		PPI Payment difference
		PPI Payment + interest (credit card)
		PPI Payment + interest + different rate (credit card)
Consolidation screen	Debt / Hips	Under / Over payments
		Excess payments (consolidation) Arrears (Notional)
Consolidation screen	Investment / Pension	Monthly fees (consolidation)

 

Notes:

 

1)     When the system generates under / overpayments and these are applied to the original calculation there can be slight discrepancies due to the way lender methodologies operate. These are generally very minor differences.

 

2)     The ‘Credit’ method may produce unpredictable results when used with the Under / Over payments option in the System generator.

 

 

 

	Generate adjustment set
	Exit current screen

Related Topics

Tables
System Adjustment Generator Options
System Adjustment Generator within Mortgage cases