Finance Charge Edit Report

This report, which shows each customer who will be assessed finance charges, can be printed before applying finance charges.

Note: TireMaster calculates finance charges based on the total of all the aged amounts in the customer’s ledger. To prevent an over assessment of finance charges, make sure all unapplied credits are applied to the customer’s balance before generating this report.

To generate a Finance Charge Edit Report

1. From the Closing menu, select Statements, and then select Apply Finance Charges. The Report Window appears.

2. Print the report and close the Report Window. The following message appears:

“Do you want to post these finance charges?”

3. To apply the charges, click Yes. The following message appears:

“Finance charges have been applied.”

If you applied finance charges to a customer in error, see Reversing Finance Charges.