When researching payments made on a 360-day interest calculation loan, there are two easy ways to know the status of a payment:
1. If you prefer to do your research through conventional CU*BASE tools, try Member Inquiry (Tool #6 or F1 from the CU*BASE home page). After accessing the membership, double-click on the loan account to bring up the account information, then press Enter to proceed to the history of transactions for that loan. Once there, you can highlight the particular transaction you want and select the Additional Transaction Information link. For a regular payment the additional description will read something like " MBR-ELECTED PAYMENT FOR 3/10/2008." For a principal only payment the additional description will say "MBR-ELECTED PRINCIPAL-ONLY PMT." And for a pay ahead payment the description will read "MBR-ELECTED PAY AHEAD, PAYMENT FOR 6/01/2009."
2. If you are more technically oriented, you may desire to use the CU*BASE Report Builder (Query) (Tool #100) for your research. In that case, bring up the transactions for your loan's account base and suffix from FILEXX/TRANS2 (if they are for the current month) or FILEXX/HTRANS2 (for previous months). Any transactions with a Tran Type of 15 are pay ahead payments (i.e. they had to use the instant interest calculation program to figure and collect the interest rather than pulling it out of the interest due bucket in the loan record).