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Accounting Defaults - Late Payment

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Late Payment Fields:

Credit periodCredit period (days).
Interest rateInterest rate (%).

 

Compensation Amounts Fields:

Up to £999.99Compensation amount when debt is upto £999.99.
£1,000.00 to £9,999.99Compensation amount when debt is between £1,000.00 and £9,999.99.
£10,000.00 or moreCompensation amount when debt is £10,000.00 or more.

 

Sales codes Fields:

InterestInterest sales code and description of sales code.
CompensationCompensation sales code and description of sales code.

 

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