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Bonds Register

The ACF Bonds Register will track and record all your residents bonds and drawdown's.

The bonds system will calculate the drawdown amounts for your and record the residents next drawdown date.

1. Fully Integrated With Resident Billing
   

2. Automatic Draw Downs
   

3. Automatic Calculation Of Bond Interest And Periodical Payments
   

4. Automatic Calculation of bond refund interest due
   

5. Full Audit Trails available by date, resident or batch
   

6. Detailed bond statements for residents
   

7. Bond summary reports (Live or at a selected date)
   

8. Generation of Prudential Compliance worksheets
   

9. Generation of survey reports
   

10. The system also produces a detailed audit log and supports several reports including future retention details, account statements and a bond rate calculator.
    

The system also caters for different drawdown periods including monthly, quarterly half yearly and yearly, automatic warnings are generated if the drawdown will cause the account to exceed the minimum balance requirement or if the drawdown period has expired.