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Innovative Technology Inc.
Credit Union Service Center
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Credit Union
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Accounting Fees Amortizations

Provided by: Florida Central FCU
Category: Loan Processing, Accounting

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The product was developed for the credit union accounting staff to save time with the monthly posting of fees to the General Ledger. We amortize several fees over the life of some of our loans and needed a way to automate the process of obtaining the current balance of the loan, calculating the remaining fee and posting to the system the results. What use to take us hours to do now only will take seconds!

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This Website does not make any warranties, guarantees or endorsement to the products displayed within this website. It is up to the end user to determine if the product or service are qualified for the credit union and meet the credit unions desires. This website is for information only to help the end users find contacts that may have products or services they want to share or sell.