Polish companies generate interest notes from invoices in foreign currencies and then send the invoices to their customers. You can define the setup to generate interest note proposals in the Interest calculationform.

  1. Click Accounts receivable> Periodic> Interest and collection letter> Interest calculationto open the Interest calculationform.

  2. Select the Invoicecheck box to calculate interest on invoices.

  3. Enter the required details.

  4. Select the Tax interestcheck box to in order to calculate the tax interest.

  5. In the Note issue datefield, select the date based on which the exchange rate is taken into account to convert interest and other additional fees from foreign currency to the default currency.

  6. Click OKto view or modify the interest note proposal lines in the Interest noteform.

    Note Note

    For more information, see "Interest calculation (form)" in the Applications and Business Processes Help.

See Also