MF past due letters

From MagnOogle Magna WIKI

Past due processing needs to have the project setup correctly. Go into inventory then projects.

 Project Codes                   EDITING            Sys:12-17-2006  3:40PM james

 Code  OC          Name  Ocean Club at Atlantic Beach______________________
 LastK       0
Venue or Location of Office (from hotel file)
 Code OC________   Ocean Club At Atlantic Beach
                   8 Crandall Avenue
                   Westerly                                 RI  02891
                   Loction:
                   Comment:
Developer (from hotel file)
 Code OC________   Ocean Club At Atlantic Beach
                   8 Crandall Avenue
                   Westerly                                 RI  02891
                   Loction:
                   Comment:
 Begining of week 0                      MF Minimum Balance to Charge  50.00
 Per Dium Y                    Days in Year 365
 Late Days  0                            Minimum Late Payment   0.00
 Late Payment or multiplier (.04=4% 40=$40)   0.00
 Recision Period    5
 Grace Period       3

         Enter PROJECT CODE: OC____

Make sure that MF Minimum Balance to Charge is set to bottom line figure you can live with. You don't want to charge interest on $1.00 for instance.