RMR Calculation for Accounts with Balances Over 90 Days

Overview

The Aging Report now calculates the RMR (Recurring Monthly Revenue) value associated with subscriber accounts that have balances 90 days or more past due.

Why This Matters

Many banks and other lenders require dealers to report the amount of RMR associated with accounts that have balances 90+ days past due. Cornerstone includes this summary calculation automatically on the last page of your Aging Report.

How It Works

The CSV output includes an RMR over 90 column that's used for the summation. This calculation is designed to avoid double-counting RMR in Feeder/Master relationship accounts.

Feeder/Master Account Example

When both a Feeder account and its Master account have 90+ day balances, only the Master Account's sum of the Feeder RMR is counted to prevent duplication.

Example: If Account XX29439 is a Feeder account and both the Feeder and Master have 90+ balances, only the Master Account's RMR total is included in the calculation.

Using the Aging Collateral Calculation

If you run the Aging Collateral Calculation for all accounts, you'll receive both:

• Collateral column - RMR for accounts under 90 days
• RMR over 90 days column - RMR for accounts 90+ days past due
  
  

This gives you a complete view of your RMR distribution across aging categories.

Still have questions? Contact Cornerstone Holding Co. 847-405-9517 or email us customer.success@alarmbills.com