NetLoan - Go-Live Call Overview

Overview

This article gives an overview of what needs to be done in preparation for the go-live call and what will need to be done after go-live.

Client Preparation

Prior to the call, you will want to review loans in production to ensure none of the data changed during the transition over to production. Following that, you will need to commence the loans, allowing NetLoan to run journal entries for your loans. Finally, you will need to book your manual entries to reverse prior loan balances that were held on your balance sheet to the go-live clearing account, so they can be rebooked via NetLoan. You can follow the instructions in the NetLoan Go-Live Overview article.

Go-Live Call

On this call, you will run the go-live entries that will reinstate all loan balances onto your balance sheet via NetLoan. Depending on the number of loans, these entries can take 5-20 minutes to process. This will be your final call to ask implementation-related questions and tie up loose ends.

Next Steps

Once all entries have successfully processed you will want to make sure that there are no prior-to-NetLoan balances remaining on your balance sheet that are not connected to a loan record in NetLoan. Additionally, the go-live clearing account should now be fully cleared out and not show a balance. 

You will have the following month to reach out to your implementation team with any NetLoan related questions before transitioning over to our dedicated support channel.