Reset Late Codes - Screen Overview
Reset Late Codes
Screen Code: arreslc
Late codes are set to charge a late fee when the penalty process is run. This way you can easily view how many times an account has been late in the past 12 months. To run this process the first step is to reset the late codes for the current month. Once this process is run, a Reset Late Codes Summary report will be generated.
Note: The Late code month to process is the month of the due date.
Navigation Tip: Accounts Receivable >> Billing >> Reset Late Codes.
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Version 1