Penalty penalties per contract are possible directly from the financing contract using the Create Fin. Charge Memo, which can be started from the contract overview or from the Contracts tab in the Create.
It is recommended, for example, to create a penalty for the financial settlement of a prematurely terminated contract.
When the function starts, the system displays a dialog box
Options Tab
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Posting Date
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User enters the posting date of the document for finance charge memos (penalty invoices)
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Document Date
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User enters the document date for finance charge memos (penalty invoices)
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Release
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Changes the user to Yes if he/she wants the created finance charge memo to be issued (posted) by the system
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Interest Calculation
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The system displays the value from the finance charge terms code on the financing contract. The user can change the default value. Thus, the Finance Charge Memo creation task will penalize the items according to the value selected in the dialog box. Possible values:
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Open Entries
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Closed Entries
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All Entries
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In the Filter: Customer Entry The user can select the type of document that he wants to be penalized.
This method of penalization does not take into account the Penalize on the Detailed Contract Status, contracts are always penalized, regardless of the value of this flag.
When you finish creating a finance charge memo without issuing (the Issue flag) = No in the dialog box) The system displays the message: "Penalty for Contract XXX has been completed. Do you want to see the unissued finance charge memos?"
The user confirms:
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Yes
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The system displays a list of finance charge memos with the filtered finance charge of the contract
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No
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The system concludes with a message to complete the task.
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Unissued finance charge memos can be found by the user in the overview Penalty or from the overview or card of the financing contract using the Related/Finance/Unissued Finance Charge Memos
After confirming the selection, the system will display an overview Penalty filtered on finance charge memo where field Contract Code = Financing Contract No. from which the list of unissued finance charge memos was displayed