ISTech Support Forum

ISTech Support Forum
http://www.istechforum.com/YaBB.pl
Evo-ERP and DBA Classic >> Sales >> INTEREST ON STATEMENTS OVERVIEW
http://www.istechforum.com/YaBB.pl?num=1101221730

Message started by Rhonda @ Titan West on 11/23/04 at 06:55:30

Title: INTEREST ON STATEMENTS OVERVIEW
Post by Rhonda @ Titan West on 11/23/04 at 06:55:30

COULD I PLEASE HAVE AN OVERVIEW OF HOW INTEREST IS CHARGED ON INVOICES. WE CALCULATE INTEREST ON THE LAST DAY OF THE MONTH ONLY. IF AN INVOICE IS PAID AT 40 DAYS BUT BEFORE THE END OF THE MONTH WHEN INTEREST IS CALCULATED - WILL THERE BE INTEREST CALCULATED ON THAT INVOICE?

ALSO - CAN WE PUT THE AGE OF THE INVOICE (NOT THE DAYS PAST DUE) INTO A "DUN" LETTER
THANKX
RHONDA

Title: Re: INTEREST ON STATEMENTS OVERVIEW
Post by RAGINE on 11/23/04 at 10:31:01

You can tell it the date to calculate interest as of, so if you enter Oct 31st it will calculate as of that date even if you are into Nov.
Ragine