Set the method
Choose the accrual method and schedule convention that fits the note. Valis supports more than one interest treatment, because private loans do not all accrue the same way.
How Valis handles loans.
Valis starts from the loan terms, not from a generic spreadsheet row. Interest, fees, payments, corrections, and close reporting all flow from those terms.
Apply the waterfall
Incoming receipts can be allocated to fees, interest, principal, or credit according to the loan's servicing rules.
Lock the period
Once the period is reviewed, the close locks the month and preserves the reports needed for LP, CPA, or internal review.