Paying Finance Charges

  1. Open the A/R Payments form.
  2. Specify information on the form and specify the total amount of the payment in the Amount field, although part of the money may be applied to other things than finance charges.
  3. To save the A/R Payments record, select Actions > Save.
  4. To open the A/R Payment Distributions form, click the Distributions button.
  5. On the General tab, in the Type field, select Finance Charge.
  6. In the Dist Amount field, enter the amount of the payment to be applied to finance charge.

    You can create separate distribution records for the remainder of the payment.

  7. To save the A/R Payment Distributions record, select Actions > Save.
  8. Open the A/R Payment Posting form.
  9. To post all customers, accept the default values.
  10. Click Process.