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Microsoft Dynamics SL (Archived)

Finance charges

Posted on by 15

Are finance charges calculated on only invoices that are unpaid at the date finance charges are run or will SL calculate finance charges on all invoices paid after the due date even if the invoice is paid in full when finance charges are run.

 Example:

Invoice date: 3/1/2009
Due date: 3/15/2009
Paid in full on: 3/25/2009
Finance charges applied on 3/31/2009

 Will finance charges be applied for the 10 days that the invoice was past even though the balance is zero on 3/31?

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