The following instructions are to add a finance charge plan to your practice.
Instructions
- Access Admin > Accounting > Finance Charge Plans.
- Click the + icon.
- Complete the required fields.
- Complete the grid for the finance charge amounts.
- Age (Days): The system uses the invoice date to determine the age in days.
- Charge $: This field adds a flat rate to the balance.
- Charge %: This field adds a percentage of the invoice balance.
- If the Charge $ and Charge % fields are completed, the system adds both a flat fee and a percentage to the invoice balance.
- Click 'Save.'
- Log out and log in to see the changes associated to the setting.