Example 3: Multi-Site A/R Finance Charge Generation

In this example, Site 1 is responsible for accepting payments (which can be distributed to the proper site) and running the finance charges. In this case, only Site 1 generates the finance charges and becomes the actual location of the finance charge transactions before and after finance charge posting.
Site 1 Site 2 Site 3
C-1 C-1 C-1
$0.00 $400.00 $300.00 (past due balances)
$7.00 0.00 0.00 (centralized finance charges)