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) |