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changes.mady.by.user Beverly Dellosa

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changes.mady.by.user Chris Davidson

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  1. Sales (AR) > Service Charge Invoice > Service Charge Code Tab.
    1. There must be at least 1 Service Charge Code setup to generate Service Charges.
      1. If there are no Service Charge Codes setup, click the New or 'Open Selected' button.
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  2. This will open the Service Charge Window.
    1. Fill out the pertinent
  3. On Menu, doubleclick the Service Charge menu. If there is an existing record, it will open the Search Service Charge screen. However, if there is no record yet, it will open a new Service Charge screen. If the search screen is displayed, proceed to step 2. Otherwise, proceed to step 3.
  4. On the search screen, click the New toolbar button.
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  5. On the new Service Charge screen, enter the
    1. details. You can be as detailed as you like.
      1. Service Charge Code
    is a required field. Refer to Service Charge for the fields description.
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      1. (required field) - Enter a unique identifier for the service charge you wish to setup. This will accept 2 numeric characters only.
      2. Calculation Type (required field) - Select from the predefined list. The options are Percent and Flat Amount.
        1. Percent - If this is selected, the field opposite Service Charge APR will show Daily % Rate.
        2. Flat Amount - If this is selected, the field opposite Service Charge APR will show Amount.
      3. Description - Enter a brief description of the service charge code. For example, you may enter '10% Annual Rate'
      4. Service Charge APR - Enter the annual percentage rate (as a percentage e.g. 10%) that will be applied to service charges when calculated.
      5. Daily % Rate - This field is displayed when Calculation Type is set to Percent. Field is disabled and value is system computed based on this formula.
        1. Daily % Rate = Service Charge APR / 365
      6. Minimum Charge - If applicable, enter the minimum dollar amount of Service Charge to be assessed. If the calculated service charge is less than the amount entered in this field, the customer will be assessed the amount entered in this field.
      7. Grace Period (Days) - Enter the number of days allowed before a service charge will be applied to a past due invoice.
      8. Minimum Amount Due to Charge - Sets the amount the customer must owe before service charges are levied.
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  6. Click Save buttonSave then Close the record once done.