accounts receivable Utility Functions

A/R Parameter Maintenance (Old)

Last Revised: 03/27/14

A/R Parameter Maintenance (Old) is used to indicate many default settings for accounts receivable transactions.

A/R Parameter Maintenance (Old) View
1. Print Address on A/R Reports	Enable this option if the address should print on Accounts Receivable Reports.
2. Finance Charges on Finance Charges	Enable this option if finance charges will be applied on unpaid finance charges.
3. Bill Minimum Finance Charge	Enable this option to indicate that the minimum finance charge will be billed to a customer.
4. Last Day of Month	Indicate the last date of the fiscal month.
5. Print Company Name on Statements	Enable if the company name should print on statements.
6. Print Address	Type "C" to display the company address on documents, "B" to display the branch address on documents, or "N" to display none of them.
7. Skip Down Lines on Statements	Enter the amount of lines to leave blank below the logo before beginning the statement.
8. Ageing Date	Indicate if the ageing date is based on the day the payment was due (D) or based on the invoice date (I).
9. Default Ageing Type	Specify if ageing is based on days (D) or months (M).
10. Dollar Limit For First Interest Rate	Indicate the dollar limit for the first interest rate.
11. First Interest Rate	Indicate the first interest rate as a percentage. This interest rate may be constrained by the Dollar Limit For First Interest Rate amount.
12. Second Rate (for Amount Over Limit)	Indicate the second interest rate as a percentage.
13. Age at Which to Charge Interest	Indicate how many days past due must occur before a finance charge will apply (i.e., the grace period).
14. Minimum Finance Charge to Bill	Specify the lowest finance charge that can be billed to a customer. For example, if you set this field as 5.00, any finance charges below that rate will not be applied to a customer's account.