Versions

AM10 for SQL and Express (and higher versions)
AccountMate 9 for LAN

Module

AR

Question

I want to calculate finance charges for past due invoices for some but not all customers. How can I set it up in AccountMate?

Answer

Access the Customer Maintenance ► Settings tab and mark the Apply Finance Charge checkbox for customers for whom you want to calculate finance charges.

Note: In addition to the invoice being past due and marking the Apply Finance Charge checkbox in Customer Maintenance, the pay code assigned to the invoice must be configured to be Eligible for Finance Charges.