Setting bill type delinquency options

The Delinquency tab of the Update Bill Type Setup dialog box defines how delinquencies and penalties are processed for the current bill type.

  1. Select Billing > Setup > Billing > Bill Type.
  2. Right-click an existing bill type in the Bill Type Setup tree and select Update Bill Type Setup.
  3. Click the Delinquency tab.
  4. Specify this information under DELINQUENCY:
    Due Date
    Specify how the due date is calculated for bills of this type. You can specify a number of days after the bill date or you can enter a formula.
    Delinquent Date
    Specify how the delinquency date is calculated for bills of this type. You can specify a number of days after the bill date or you can enter a formula.
    Process Delinquency
    Indicates how delinquencies are processed. You can select one of these options:
    • Per Bill Type: Delinquency processing applies to all bills of this type.
    • Per Bill: Delinquency processing applies to specific individual bills. An account can thus have multiple bills in delinquency simultaneously.
    Delinquency Run Exempt
    Select this check box to make this bill type exempt from delinquency runs.
  5. Specify this information under PENALTY RUN INFORMATION:
    Maximum Penalty
    Specify the maximum penalty for this bill type.
    Minimum Penalty
    Specify the minimum penalty for this bill type.
    Minimum Charge
    Specify the minimum charge amount for line items to be penalized. Line items for less than this amount will not be penalized.
    Waive Penalty Adjustment
    Specify the adjustment type that will be used to waive penalties.
    Waive Penalty Log
    Specify the type of log entry that will be added to the account when a penalty is waived.
    Include Penalty Charges in Penalty Run
    Indicates whether existing unpaid penalties will be included with the unpaid principal charges when calculating new penalties.
    Age Penalty Charges by Bill Date
    Indicates whether the original bill date will be used as the transaction date for penalty charges. Otherwise the current system date is used.
    Penalize Entire Line Item Amount
    Indicates whether the full line item amount will be penalized if a line item is partially pad. Otherwise only the unpaid portion of the line item is penalized.
    Penalize Entire Bill
    Indicates whether the full bill amount will be penalized if a bill is partially pad. Otherwise only the unpaid line items are penalized.
  6. Specify this information under WRITE OFF SETUP:
    Adjustment Type
    Specify the adjustment type that will be used to write off bills.
    Reason
    Specify the adjustment reason code that will be used to write off bills.