Receivables - EBS (MOSC)

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Adjsutments - multiple adjustments to single Debit Memo

edited Dec 21, 2011 2:51AM in Receivables - EBS (MOSC) 5 comments
Hi,Client wants to create interest charge every day on over due invoices.
example:
1.Cilent has raised an invoice on Customer For $100
2. 30 days later no payment received and invoice is over due
3. Late charge slaps interest on the invoice . A new Debit memo DM101 is created for $0.25
4. Every day this debit memo need to be adjusted for daily interest say $0.01

Will an automatic adjustment process add this daily interest to DM101?
How to set up this process. What are the parameters?

AJ


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