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Knowledgebase: Accounts Receivable
Eligibility For Finance Charges
Posted by Michael Renock on 17 October 2014 10:20 AM

You can easily control if an account should be eligible for finance charges.  There is a setting in the Financial Terms section of the Account Manager.  Checkmark the Assess Finance Charge options to make the account eligible.  Uncheck the option to exclude the account from finance charges.

 

 

With the option unchecked, the account will not show up on the Assess Finance Charges screen of the Accounting Manager at all.  Please note, turning this setting on and off has no bearing on finance charges that may have previously been assessed.


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