Click Accounts receivable> Periodic> Interest and collection letter> Interest calculation .

Enter values in the fields in the Parameterssection to define the kind of transaction and the due date limits for which you want to create interest-note proposal lines. You can also indicate a round-off value and whether customer accounts (each with their own specific posting profiles) or a particular posting profile alone should be the focus of the calculation. See the field descriptions in Interest calculation (class form).

Click OK. The lines that fulfill the Parameterscriteria that you entered are created as interest-note proposal lines in the Interest note form.

Click Accounts receivable> Periodic> Interest and collection letter> Interest note.

Edit the proposal lines in the Interest noteform.

When you are satisfied, print and post the lines that you want to send as interest notes to customers with overdue accounts.

To view created, canceled, and posted interest notes, click Accounts receivable> Inquiries> Interest and collection letter> Interest journal .