Finance Charges

  • Finance Charges

    Posted by David Wiser on January 3, 2017 at 7:56 pm
    • David Wiser

      Member

      January 3, 2017 at 7:56 PM

      When calculating finance charges, NAV can calculate the charge on open balances.  If previous finance charges are issued and are unpaid, subsequent finance charge memos will calculate a finance charge on open finance charge memos.  Is there any way (without custom development) to turn of the calculation of finance charges on open finance charges?

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      Dave Wiser
      Controller
      Beckwith & Kuffel
      Seattle WA
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    • Karen Hippen

      Member

      January 4, 2017 at 8:08 AM

      Perhaps filtering on CLE Document Type when suggesting finance change memo lines.

       

      Karen Hippen

      Application Manager, Information Services

       

       

       

      ——Original Message——

      When calculating finance charges, NAV can calculate the charge on open balances.  If previous finance charges are issued and are unpaid, subsequent finance charge memos will calculate a finance charge on open finance charge memos.  Is there any way (without custom development) to turn of the calculation of finance charges on open finance charges?

      ——————————
      Dave Wiser
      Controller
      Beckwith & Kuffel
      Seattle WA
      ——————————

    • David Wiser

      Member

      January 4, 2017 at 11:05 AM

      Thanks, Karen.  This is perfect.

      ——————————
      Dave Wiser
      Controller
      Beckwith & Kuffel
      Seattle WA
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    • Kim Dallefeld

      Member

      January 4, 2017 at 10:26 AM

      Dave, as far as I know there is no option to not calculate finance charge on finance charge. It really should be an option.

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      Kim Dallefeld
      NAV Consultant
      Ft Worth, TX
      Kim@Dallefeld.com
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    David Wiser replied 7 years, 4 months ago 1 Member · 0 Replies
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