Interest Charge / Reminder Principles Single Dialogs Workspace

Use this workspace to enter and maintain interest charge/reminder principles.

These principles determine how Maconomy applies interest and reminders to customer entries that have exceeded their due dates, both in general and at the time of reconciliation. Use the Payment Information workspace or Company Specific Payment Information workspace to apply the principles to specific customers.

You can assign an interest charge/reminder principle to a customer or a company-specific customer in the Payment Information and Company Specific Payment Information workspaces.

When you use the Open and Open and Closed interest charge calculation principles for interest charge and reminder calculation, Maconomy reconciles open credit entries with open debit entries. Maconomy reconciles the oldest open debit entries before the newest debit entries.