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Microsoft Dynamics SL (Archived)

finance charge

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Posted on by 15

Does SL calculate a finance charge on invoices that were paid late but have a zero balance when finance charges are run?

Example:

Invoice date: 3/1/2009
Due Date: 3/15/2009
Payment date: 3/25/2009
Finance charges applied: 3/31/2009

Will finance charges be applied for the 10 days that the invoice was past due even though the balance is zero when finance charges are run at the end of the month?

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