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These are the needed setup for appropriate service charge calculation.
- Add a Service Charge.
- Assign the Service Charge to the Customer.
- Service charge calculation is based on the setting in company preference:
- System Manager > Company Configurations > Sales > Service Charge
- Service Charge Account identifies the account that service charge accounts
- Select the Service Charge Account
- that will be impacted during posting.
- Service Charge Calculation
- "By Invoice", each past due invoice is
- calculated separately based on the customer service charge.
- "By Customer Balance
- ", total past due balance is used as the base for calculation.
- The difference in calculation is important when charging flat fees.
- ", total past due balance is used as the base for calculation.
- Service Charge Reminder Frequency sets Select the Service Charge Reminder Frequency. This is optional. This is used to set the frequency at which you will be reminded in your reminder list to calculate service charges
- .
- System Manager > Company Configurations > Sales > Service Charge
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These are the needed setup for appropriate service charge calculation.
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- This is optional
- Charge on Charge: This will subject previously generated service charges to be subject to additional service charges
- Service Charge Terms: Default Terms associated with Service Charge Invoices
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