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Individual Finance Charge Memo Creation Per Customer

Individual Finance Charge Memo Creation Per Customer

Owned by Lango: Language and translation manager
Last updated: Sept 09, 2024Version comment
2 min read

The user can also create finance charge memos individually for one customer. The method of creating finance charge memos for a customer varies according to the flag setting Suggest Finance Charge Memos for Contract = Yes/No in OneCore Setup. If the value of a given field is:

  • Yes

    • Creating finance charge memos for customer contracts is possible from the overview Penalty Use the Create Finance Charge Memosthat the user can find in the Process

    • Button New cannot be used if it is Suggest Finance Charge Memos for Contract = Yes, after pressing OC it displays an error message and it is not possible to continue

    • Recommended Setup for Leasing Contract Penalty

When you press the Create Finance Charge Memos The system opens a dialog box

In this dialog box, the user enters Customer No. In the Filter: Customer. When the task starts, confirm the OK system Creates finance charge memos only for the contracts of the selected customer.

  • No

    • It is possible to create a finance charge memo for a customer from the overview Penalty Use the New…

After confirming the choice New The system will display A finance charge card.

On the card, the user selects the customer in the Customer No. and to calculate the finance charge and fill the rows, select the Suggest Finance Charge Lines, which can be found in the Actions/Functions

The system displays a dialog box where the user can select Document Type to penalize customer entries

After confirmation OK The system checks the entries of the selected customer after the due date, calculates the finance charge for the period since the last penalty based on the penalty history data, and writes the finance charge lines into the finance charge lines.

In this case, the finance charge memo contains the lines of all customer documents, regardless of whether they fill in the contract number, or the type of financing product, etc.

After checking the rows (or correcting or changing), the user goes to the next step Issue of finance charge memos.