Finance Charges

Question

I am working on Sage 100 v 4.5. We are just starting to charge a finance fee. I have gone into AR and set up a 1.5% charge to calculate on any invoice 15 days past due. Do I have to go into each customer and set up the finance charge percentage? I thought filling in the information in AR setup would do the trick but nothing happens when I hit proceed.

jnelsonut · Accepted Answer

I think it will automatically populate that field on any new customers, but not existing ones. You can use the Global Customer Field Change utility to change the existing customers. 
 Accounts Receivable - Utilities - Global Customer Field Change 
 Joe

Sage 100

Finance Charges

COMMUNITY

COMPANY

PARTNERS

SUPPORT & TRAINING