Loan Loss Reserve Setup

Loan loss reserve is a feature that helps you amortize losses by creating a ‘reserve’ that is tapped every time a loan defaults. This has the effect of smoothening loses instead of seeing irregular dips in revenue. This webinar recording discusses:

  • Understanding risk rating in NLS in the context of loan loss reserves
  • Loan loss reserve report
  • How write-offs affect accounting entries and loan loss reserve reports

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