Finance Charges Overview

The Finance Charge program is used to generate an invoice on a customer account who has become delinquent.  Finance Charge invoices are created and posted in one batch.  If the customer meets the rules you have defined, an invoice will be created an...

Below is a list of the setup tables impacting the Finance Charges process. Invoice Item Invoice Item Type Invoice Description Tax Group Tax Table Category Branch Chart of Accounts

For a User to be able to generate Finance Charge Invoices, certain security privileges must be granted to the User through the User Group Security options within SedonaSetup.  The following User Group Security options located within Application Acce...

Follow the instructions below to generate a list of customers who qualify for a finance charge invoice. 1.  Navigate to the Main Application Menu and select Accounts Receivable / Finance Charge. 2.  Setup Finance Charge Rules – The Finance Charge fo...