Overview
The low balance forecast report is a predictive reporting tool that forecasts future low balance payments based upon the consumer’s payment schedule, monthly draft deposits, fees, etc.
Purpose
This report can be used as a tool to manage all low balance settlement payments including scheduled Direct Pay transactions. Some of the features of this report include:
- Ability to perform advances directly on report,
- Ability to select 3 -14 day window of future low balance settlements
- Display current balance and future balance on date of low balance
- Direct link to client dashboard - to conduct further research
Navigation: Report Tab/ Low Balance Forecast
Select Low Balance Forecast
Report defaults to 5 days, but can be expanded up to 14 business days out.
To see any low balance consumers set up with Direct Payment ACH Credits, DPG recommends sorting the “Payment Type” field to Direct Pay by clicking on the column header. The list presented will allow your settlements team to make decisions as to pay/advance or leave the payment low balance/unpaid.
