Forum - Interest invoices

Interest invoices

11-26-21

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Hi l have been trying to set up interest invoice is there a way to set if interest is to be charged a fixed percentage on the outstanding amount every month?

George Costa

11-30-21

Hi Alan,

You can setup a flat rate on the Interest Settings on Sales Ledger module.

On "Calculation" field select "Flat rate per debiting" and add the rate in "Rate" field.

When you run the interest invoices maintenance routine it will create interest invoices with a fixed percentage, regardless of the days the invoice is overdue.

Please refer to this documentation for more details:
http://www.hansamanuals.com/main/manuals/mailnumber___3411/theconf___520/shortcode___HW0201SETTINGS_Interest/hwconvindex.htm

George Costa
PM HansaWorld

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