Delinquency Fee Configuration Options
Our Finance department would like to charge fees on overdue AR up to 90 days past due, then send the AR to collection. The intent is to run the delinquency process monthly. While configuring JDE to calculate delinquency fees I am able to successfully charge fees monthly on the overdue AR, just not consistently.
The Fee Instructions are set up as follows:
R03B525 Processing options are set as follows:
Consider an invoice with open amount 459.91, invoice date 23May2024, due date 13Jun2024. When I set the ‘Aging Date’ and ‘GL Date’ to the following values, I get the following fees calculated:
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