Assess Finance Charges screen

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Our Support department is closed on Friday, April 28th for a company event. However, limited Accounting CS phone support is available on that date from 9 AM - 5 PM ET due to the approaching deadline for quarterly payroll tax forms.

Links to our most popular payroll tax processing topics are available in the Alerts and notices section on the right side of most pages.

Use the Assess Finance Charges screen to assess finance charges to customers for overdue invoices.

Choose Actions > Assess Finance Charges.

Fields & buttons

Enter or select the date through which you want to calculate finance charges. When you select a date, the application displays only the finance charges that meet that criteria.

The grid includes three tiers - clients, customers, and invoices. Click the plus (+) sign next to the clients for whom you want to assess finance charges. The grid expands to display the customers with invoices that are past due.

To assess all finance charges for all of a client's customers, mark the checkbox next to the client ID.

For each customer, the grid displays the finance charge assigned to the customer, the past due amount, and the finance charge amount. Click the plus (+) sign next to the customers for whom you want to assess finance charges. The grid expands to display the past-due invoices and finance charges for those customers. For each invoice, the grid displays the reference, date, due date, past due amount, and finance charge amount.

To assess finance charges for all of a customer's invoices, mark the checkbox next to that customer ID.

Mark this checkbox to create the finance charge transaction in the Actions > Enter Invoices screen with a status of Printed.

Click this button to create a finance charge transaction for the selected customers. The application creates a single finance charge for each customer, listing each of the transactions that are included in the finance charge. These finance charge transactions will not be included in the Print Accounts Receivable Forms screen if the Create as printed checkbox is marked because they will be created as unprinted finance charges.

Related topics

Setting up finance charges

Assessing finance charges

Finance charges - Additional information and examples

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