Late Fees Assessment

Late Fee Assessment allows you to assess late fees to overdue accounts. Before you can assess Late Fees, you must enable Late Fees in Late Fees Setup .

• Batch Payments- Opens the batch Payments dialog box for the selected customer.
• Edit Fee- Allows you to change the amount of the fee for the selected customer. 
• Un-Select All- Click this button to clear the currently selected Apply Fee boxes. 
• Assess Fees- Once you have seleccted the customers for which you'd like to apply fees boxes. 
• Cancel- Click this button to close the dialog box without applying late fees.

        To Assess Late Fees:

1. Open the Late Fee Assessment dialog box by choosing Utilities/Late Fee Assessment or choosing Late Fee Assessment from the End of Day Reports.
2. By default, all 30-120 day old posted invoices will be checked for Late Fee Assessment. You may remove a customer from the fee assessment list by de-selecting his check. You may also remove a customer from late fee assessment in the Update Customer Status dialog box.
3. The following options are available.

• The Grid area of the Late Fee Assessment dialog box uses color-coding to flag certain conditions. 
• The line for any customer with a credit balance will be displayed in Green font.
• The line for any customer with more than 121 days overdue will be displayed in Red font. The customer will also be exempted from late fee assessment although you can override this by clicking on his Apply Fee check box. 
• When any user-edit has been made to a late fee, the cell will be highlighted in Blue. 

Exempting a Customer from Late Fees

Late fees may be disabled for an individual customer in theCustomer Status dialog box.