RB User Guide > Receivables > Finance Charges > Generating finance charges

Generating finance charges manually

If you have an invoice that is overdue, but you have not had RB9 automatically generate finance charges on it each month, you can add retroactive finance charges manually so you do not miss out on any amounts due.

Continued from Generating finance charges.

1. In the Generate Finance Charges by Manual window, enter the number of the invoice you want to generate finance charges for in the Lookup By field.
2. Click . RB9 automatically fills in the invoice details in the Invoice Info pane. It also lists any finance charges already applied to the invoice, including who applied the charges and when. The fields in the Invoice Info pane are not editable. You can look up and update information about the Bill To Firm and Bill To Contact by clicking their .
3. in the New Finance Charges window’s default blank listing, fill in both fields:
• Finance Charge Date – Enter a date manually or click to use the Date Navigator.
• Finance Charge Amount – Enter the amount you want applied for the date entered.
4. If you want to add more finance charges to the invoice, click in the New Finance Charges header and repeat step 3. If you want to remove a finance charge before applying it, check its box and click .

5. Click Save >

   • Save & New: To save the charges and continue generating finance charges manually.
   • Save & Close: When you are finished generating finance charges.

Reference

• Firms
• Date Navigator
• Lookup panel
• Business Units

Step-by-step instructions

• Entering additional firm information
• Looking up firms
• Generating finance charges automatically
• Clearing finance charges
• Printing finance charges reports