Applying Finance Charges
To apply finance charges to a set of invoices, follow these steps:
1. From the main menu Navigator screen, click the Accounting button, then click the Print Forms button
2. Go to the Invoices tab there.
3. Select the invoices you wish to apply a finance charge to (usually the ones that are overdue, which you can do by choosing the Over 30 days, Over 60 Days, Over 90 Days, or Over 120 Days option in the drop-down box at the bottom left of this Print Forms Invoices tab). You can multi-select by either clicking on the first one you want to select and then holding down the [Shift] key on your keyboard and clicking on the last one you want to select, or also by holding down [Ctrl] on your keyboard as you click on different rows that you want to select.
4. Click the Apply Finance Charges button located at the bottom right corner of the invoices tab.
5. Enter the percentage you want to apply (default is 1.5%) and the description you want for the line items that will be added to these invoices (usually just "Finance Charge"), and click OK.
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