Approve Interest Criteria

When approving interest, you can convert the minimum interest from the currency of the Interest Charge/Reminder Principle to the standard currency of the company customer using a company specific exchange rate table for sales of the settling company on the company customer.

If the standard minimum interest is greater than the standard total interest on the interest charge notice in the currency of the company customer, then you can set the total interest to the minimum interest and the total interest in base by converting the standard total interest using a company specific exchange rate table for sales of the settling company on the company customer.

If the standard minimum interest is greater than the total interest in the currency of the standard company customer, you can set the total interest in enterprise by converting the total interest in base using the enterprise exchange rate table.