Late Fees - Percentage

Late Fees - Percentage


1. Click "Lists"

2. Click "A/R Accounting"

3. Click "Late Fees"

4. Click "Add"

5. Enter Late Fee Name & Comment

6. Enter Balance Greater than Amount (only set this if accounts should not be billed when balance is lower than a certain amount)

7. Select Late Fee General Ledger Number

8. Late Fees can be set to a Specific Department (Optional)

9. Set "Frequency"

10. Select the "Next Due"

11. Select Percent for the Type

12. Enter the Percent to Charge on the Late Fee Balance

13. Enter the Minimum Amount to Charge (Optional)

14. Enter the Maximum Amount to Charge (Optional)

15. If the Minimum & Maximum Amounts are not Set, the Late Fee will process based on the entered Percentage.

16. Click "Save"



3500.11.12

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