The Alternate Interest and Fees (Charged after last term) section applies only to the state of Georgia.
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If you are in the state of Georgia, the Amount will be 12.50%, the Description should be "Renewal Fee", the Type should be "MPR", Recurring should be checked and Accrual Period should be "Monthly". Apply Late Fee should be "Do Not Apply" or blank. |
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If you are going to apply a late fee, you should close the company setup window.
Now go to File Maintenance, then Late Fees. For the ID put "Late Fee", for Description put "Late Fee" and enter an amount (20), Type would be "Fixed Rate" and Transaction would be "Late Fee". If you have any questions, please contact AOCG at our toll free number. |
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