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Evo-ERP and DBA Classic >> Evo Menu & Evo-ERP >> Interest Program
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Message started by jgh1204 on 02/10/06 at 16:07:17

Title: Interest Program
Post by jgh1204 on 02/10/06 at 16:07:17

I spoke to lynn and Allen about this at the symposium and just wanted to get it on here.

DBA when it first started, charge interest on a lump sum past due balance, once per month. About 2002 or so, they changed it so that it calculates the interest on each past due invoice for the number of days past due or since the last time interest was charged.

I realize the new way gets you more money. However, it makes it next to impossible to explain how the interest charges were determined. The old way was very easy to explain.

I would like to see a flag that allows you to choose which method to use.

Thanks,

Gregg Henderson
WT LISTON Co
Harlingen, TX

Title: Re: Interest Program
Post by David Waldmann on 02/12/06 at 16:20:48

jgh1204 wrote:

The old way was very easy to explain.

Do you mean prove?

If you want to do it that way, fine, but I think it's just as easy to explain either way.

One thing I would like added it the ability to charge interest on a range of customers. Sometimes I'd like to do it for a single customer in the middle of the month.

Title: Re: Interest Program
Post by jgh1204 on 02/13/06 at 06:32:50

Yes, prove.