Account Reconciliation
Use this Tallyfy template to reconcile your internal cash register or accounting records with bank statements. It walks ...
5 steps
1 automations
Banking Accounting
Banking workflow for Tallyfy
Make credit decisions you can defend to auditors
If this loan goes bad, your file will be reviewed by auditors, examiners, and possibly attorneys. This workflow ensures thorough credit analysis, proper collateral assessment, and documented decisions that meet fair lending requirements.
4 steps
3 fields
Run this workflow in Tallyfy
1
Import this template into Tallyfy and assign underwriters and credit analysts to review, evaluation, and decision steps based on loan type 2
Capture borrower name, loan amount, and loan type at kickoff, then document credit analysis, repayment capacity, and collateral assessment using Tallyfy's structured fields 3
Record credit decisions with specific approval conditions or denial reasons in Tallyfy, then route files to closing or adverse action generation Process steps
1
Review credit history and capacity
1 days from previous step
Analyze credit report in detail. Look beyond the score to payment patterns, utilization, and derogatory items. Review income stability and calculate residual income. Assess ability to repay this loan while meeting other obligations.
Form fields in this step
Credit Analysis Summary *
Repayment Capacity *
2
Evaluate collateral and security
2 days from previous step
For secured loans, evaluate the collateral. Review appraisals, title work, and lien positions. Calculate loan-to-value ratios. Consider liquidation scenarios - if this goes bad, what would recovery look like? Identify any collateral deficiencies.
Form fields in this step
Collateral Value
LTV Ratio
Lien Position
Collateral Assessment *
3
Make credit decision
3 days from previous step
Based on your complete analysis, make the credit decision. Approve, deny, or counteroffer. For approvals, specify any conditions. For denials, document specific reasons for the adverse action notice. All decisions must comply with fair lending requirements.
Form fields in this step
Decision *
Conditions (if any)
Denial Reasons (if denied)
4
Document decision and route file
3 days from previous step
Complete the underwriting memo documenting your analysis and decision. Attach all supporting calculations and analysis. Route approved files to closing, denied files for adverse action letter generation. Maintain complete underwriting documentation in the file.
Form fields in this step
Underwriting Memo Completed *
File Routed To *
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