Use the Compute Customer Finance Charges screen to calculate interest charges on your outstanding invoices by either customer account or by invoice number. You can also print a report that displays all of the finance charges that you have assessed.

Running this process does not post any amounts nor does it affect the General Ledger. Posting only occurs when you receive the funds for the finance charges

Select the Apply Finance Charges check box in the Credit Information tab of the Manage Customers screen before you access the Compute Finance Charges screen.