Interest calculation

  

In this routine you can make interest invoices for customers with late payments. NB! The system only calculates interest on amounts that have been paid in full, as follows:
 

Limitations

1. Select department

2. Calculating interest on all invoices less than.

Select the payment due date for the interest invoice. It is normal to have a routine where, e.g. the interest calculation is run once per. month.
 

3. Enter minimum number of days between payment due date and actual date of payment.

 

Conditions

1. Interest level

 Choose the annual interest rate to be used. NB! This is the yearly interest level.
 

2. Minimum amount on the interest invoice.

 Select the minimum amount that can be invoiced (payment amount).
 

3. Article number or article name 

Find the required article number for the interest invoice (F3). The text for this article could be "Interest invoice".
 

4. Type of order

 Select the order type for the interest invoice. Select from the drop down list box (F4).

 

Preview Invoice
Press this button to preview all invoices.

 

 

Update interest invoice

 

Select one of the buttons to generate the interest invoice.
 

- Press Finish, the invoices will be generated but not printed.
 

- Select Finish + Print and the invoices will be printed.

 

 

No interest calculation for this invoice

 

Orders can also be denoted not to generate interest upon by finding the invoice number (F3) and pressing <Don't calculate>