Sage 300

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AR Interest not Calculating

Posted By ValerieH over 8 years ago

- run interest batch, client doesn't calc interest

- check back in batches, see that he has been charged in past (worked last month)

- check customer inquiry and confirm o/s balance > 30 days

- confirm the Interest profile assigned to customer - to calc interest 30 days overdue

- other customers with same interest profile calculating

- re- run PP interest batch creation, for current month end and one in future still no interest calculating

Not sure what else to check

0 Robert Braunlich over 8 years ago

There are N days between the document due date and the A/R Create Interest Batch Run Date, not including the Run Date. In other words, there are 25 days between 07/19 and 08/13. The A/R Interest Profile defines Charge Interest on Accounts M Days Overdue. Interest will be calculated on documents (assuming you choose Calculate Interest By Document on the Interest Profile) where the N is greater than M.
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Sage 300

AR Interest not Calculating

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