<PAYMENT> Sub Element of <TRANSACTIONS>

Attribute	Type	Size	REQ	Default	Comments
`AcctRefno`	Numeric	9
`EffectiveDate`	Date		Yes	Current Date	MM/dd/yyyy or as configured by the DATEFMT user defined parameter.
`LoanNumber`	String	≤25	Yes	None
`PaymentMethod`	Numeric	9	No	0
`PaymentMethodReference`5.33+	String	≤50	No	NULL
`PaymentMethodReference`5.32-	String	≤25	No	NULL
`Reference`	String	≤100	No	NULL
`Amount`	Numeric	16,2	Yes	None
`PrincipalAmount`	Numeric	16,2	No	None	The amount of the payment that is to be applied to principal.
`InterestAmount`	Numeric	16,2	No	None	The amount of the payment that is to be applied to interest.
`LateFeeAmount`	Numeric	16,2	No	None	The amount of the payment that is to be applied to late fee.
`FeeAmount`	Numeric	16,2	No	None	The amount of the payment that is to be applied to fee.
`ImpoundAmount`	Numeric	16,2	No	None	The amount of the payment that is to be applied to the impound balance.
`UserDefined1` to `UserDefined5`5.33+	String	≤50	No	NULL
`UserDefined1` to `UserDefined5`5.32-	String	≤25	No	NULL
`Options`	Numeric	9	No	0	To use these flags, set the value of this field to the sum of all the flags you want to use: `1` = Do not apply transaction to Shadow Loans. `4` = Payoff `8` = Not Used `32` = Renewal - sets minimum refund of $1.00 on payoff and $15.00 on renewal. Applicable to Rule of 78 Simple and Rule of 78 Add On loans only.5.15+
`GetRecordID`	String		No		This will populate the value of `LoanNumber` based on `StoreRecordID` at `LOAN`
`PaidByCIFNO`5.28+	Numeric	10	No		Use to indicate the contact that made the payment in a contact-loan relationship.
`GetRecordIDForPaidByCifNo`5.35+	String		No		Use to indicate the contact that made the payment in a relationship using the contact’s StoreRecordID parameter.
`IRSWriteOffEventCode`5.20+	String	1	No	None	Optional when `Options` includes Payoff. Cannot be set if `Options` does not include Payoff. Valid values are: `A` = Bankruptcy `B` = Other judicial debt relief `C` = Statute of limitations or exploration of deficiency period `D` = Foreclosure election `E` = Debt relief from probate or similar proceeding `F` = By agreement `G` = Decision or policy to discontinue collection `H` = Other actual discharge before identifiable event