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Author Topic: FolioFN and Payments Recieved

J
  • Posts: 47
FolioFN and Payments Recieved
OP: November 07, 2013, 12:00:00 AM
OK, yep, I just had notes cancel, including one that was supposed to be settling today and just started processing today.  This sucks.

Ugh, another one I had cancel is on a payment plan for the 18th, but since it's "Processing" I guess it can't go up there.  Really, really, frustrating change.

These were both going to settle fine and normal tonight, as in someone already bought them.  Now we're both going home sad.
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T
  • Posts: 6588
FolioFN and Payments Recieved
#1: November 07, 2013, 12:00:00 AM
Could this mean that payments being posted (as in a grace period or late note that just posts a payment out of nowhere via check) no longer cancels the sale?

It definitely means that you need to close the sale at least two days before the payment would start processing, or you'll get caught up in their ridiculous canceling system.
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c
  • Posts: 227




r
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  • Posts: 568
FolioFN and Payments Recieved
#7: November 08, 2013, 12:00:00 AM
The 70/70 rule is for LC.  But some states require it.
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