Assess finance charges

Select
Actions
, then
Assess finance charges
.
To limit the number of finance charges displayed in this screen, in the
Calculate finance charges through
field, enter or select the date through which you want to calculate finance charges.
Select the plus (+) sign next to the clients for which you want to display finance charges that can be assessed.
Select the plus (+) sign next to each customer for which you want to display the list of invoices for which finance charges can be assessed.
Select the invoices for which you want to assess a finance charge.
To assess all finance charges for all invoices for a particular customer, mark the checkbox next to the Customer ID.
To assess all finance charges for all customers for a particular client, mark the checkbox next to the Client ID.
To create the finance charge transaction in the
Enter Invoices
screen with a status of Printed, mark the
Create as printed
checkbox.
Select
Assess Selected
.

Additional considerations

If the minimum customer past-due balance is $100.00 and a customer has 2 past-due invoices (one for $45 and one for $55) as of the finance charge date, Accounting CS doesn't assess a finance charge for the customer.
If the minimum customer past-due balance is $90.00 and a customer has 2 past-due invoices (one for $45 and one for $55) and 1 credit memo (for $25) as of the finance charge date, Accounting CS does assess the finance charge for the customer. However, the application will display a message informing you that there are unapplied payments or credit memos available.