Interest note (form)

Article
05/05/2014

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Click Accounts receivable > Periodic > Collections > Interest note.

Use this form to modify, print, and update the interest note proposals that you generated in the Interest calculation form.

Task that uses this form

Calculate interest and create interest notes

Navigating the form

The following tables provide descriptions for the controls in this form.

Tabs

Tab	Description
Overview	View or modify the list of interest note proposals.
General	View or modify additional information about the interest note proposal that is selected on the Overview tab.
Fee note	View or modify the fee note that is attached to the interest note proposal that is selected on the Overview tab.
Address	View or modify the address information on the interest note proposal that is selected on the Overview tab.
Transactions	View or modify the transactions that generated the interest note proposal that is selected on the Overview tab.
Financial dimensions	View information about financial dimensions, such as the default dimensions and where the dimensions are used in account structures and advanced rule structures.

Buttons

Button	Description
Voucher	Open the Voucher transactions form, in which you can view, by voucher number, the ledger transactions that are related to the interest note proposal that is selected on the Overview tab.
Cancel	Cancel the interest note proposals that are selected on the Overview tab.
Post	Post the interest note proposals that are selected on the Overview tab. Note This control is available only if one or more interest notes are selected.
Print	Print copies of the interest note proposals that are selected on the Overview tab. Note This control is available only if one or more interest notes are selected.
Notes	Open a form where you can enter memos or notes that are related to the interest that was charged on this transaction. This information will appear on the Interest note report. If this control is not available, interest is being calculated at the line level and detailed notes must be entered in the Interest Lines form. Note This control is available only when the Transactions tab is displayed.
Interest Lines	Open the Interest Lines form. Note This control is available only if the Public Sector configuration key is selected. This causes the interest to be calculated and charged at the invoice line level.

Fields

Field	Description
View	Select this check box to filter the interest notes that are displayed in this form.
Status	Select an option to filter the list by the status of the interest note.
Printed	Select this check box to display only printed interest notes.
Interest note	The number of the interest note.
Billing classification	Select one or more billing classifications to include in the results. Note This control is available only if the Public Sector configuration key is selected.
Start date	The first day on which interest is calculated for the selected interest note.
End date	The last day on which interest is calculated for the selected interest note.
Customer account	The account number of the customer who is being charged interest. Interest is charged to the invoice account that is assigned to the customer.
Name	The name of the customer who is responsible for the invoice account and to whom the interest note is sent. The name is retrieved automatically from the invoice account and cannot be changed on the interest note.
Status	The current status of the interest note: Created – The interest note is created by the periodic job. Posted – The interest note is posted. Canceled – The interest note is canceled.
Printed	Select this check box to print the interest note.
Language	The language of the customer.
Block	Select this check box to block the customer account from additional invoicing when you post the interest note. To unblock the account, select No in the Invoicing and delivery on hold field in the Customers form.
Posting profile	The posting profile that applies to this transaction. Use the Customer posting profiles form to define posting profiles for customer transactions.
Currency	The currency of the interest note.
Use posting profile from	The posting profile specification that is selected when the interest note is created. Account – Use the posting profile that is assigned to the customer account for each interest note. Select – Use the posting profile that is selected in the Posting profile field. Transaction – Use the individual posting profile from transactions on which interest is calculated for each interest note. Transactions that do not have an assigned posting profile use the posting profile that is specified in the Ledger and sales tax area of the Accounts receivable parameters form.
General journal number	The voucher number of the posted interest note in the general ledger. When the interest note is posted, this field is updated automatically according to the number sequence that is selected for interest notes in the Accounts receivable parameters form.
Fee write-off amount	The amount of any fees that were written off for the selected interest note. For more information, see Collections and credit in Accounts receivable.
Fee adjustment status	The current status of any adjustments that were made to a fee for the selected interest note. Fees can have a status of Waived, Reinstated, or None (if no adjustments were made). For more information, see Waive, reinstate, or reverse interest or fees.
Total	The total amount of interest that is charged to the customer account on the selected interest note. This includes taxes.
Sales tax group	The sales tax group of the customer account, which, together with the item sales tax code, determines the sales tax on the fee of the interest note. The sales tax group is filled in automatically, according to the customer account. You can change the sales tax group before you post the interest note.
Item sales tax group	The item sales tax group that applies to the fee of the selected interest note. The item sales tax group is specified in the Interest form for the interest code that applies to the interest note. You can change the item sales tax code before you post the interest note. For more information about how sales tax groups and item sales tax groups determine the sales tax, see Set up and use sales tax codes.
Print code	The code for the sales tax on the fee that is printed on the voucher.
Sales tax amount	The amount of sales tax on the fee of the interest note.
Updated	The date when the interest note was updated in the customer ledger, the general ledger, and the Interest journal form.
Canceled	The date when the selected interest note was canceled.
Fee note	The amount of the interest note fee. The fee amount is filled in automatically if a fee has been set up for the interest code that applies to the selected interest note. You can modify the fee amount before you post the interest note. Use the Interest form to set up interest codes and corresponding fees.
Location ID	The identification of the location.
Name or description	The name or description of the address.
Street	The street name and street number of the address to which the interest note is sent. The address information comes from the data on the invoice account that is attached to the customer account. You can change the information before you post the interest note.
ZIP/postal code	The postal code of the address to which the interest note is sent.
City	The city of the postal code in the address to which the interest note is sent.
County	The county of the address to which the interest note is sent, if it is required.
State	The state of the address to which the interest note is sent.
Country/region	The country/region of the address to which the interest note is sent.
Address	The address as it will appear on the interest note. It is formatted according to the rules that are set up for the country/region of the address. Before you post the interest note, you can change information in the other address fields, and the information in this field will change accordingly.
Interest on transaction voucher	The ledger voucher number of the original customer transaction on which interest has been calculated.
Date	The date of the original customer transaction.
Invoice	The invoice number of the original customer transaction on which interest has been calculated.
Due date	The due date of the original transaction.
Currency	The currency code of the invoice transaction. The interest is calculated in the same currency as the original transaction.
Origin	The figures used for calculating interest. The amount is converted to the currency of the interest note on the day of the exchange rate, regardless of the original currency of the transaction. Note This field will always display a zero value if the invoice is a free text invoice. To view the origin details for free text invoices, click Interest Lines.
Amount of interest	The amount of interest that is calculated on the invoice amount.
Interest	Select this check box to charge the interest that was calculated for the transaction to the customer. Clear this check box if you do not want to charge interest for this transaction, even if interest was calculated.
Adjustment status	The current status of adjustments to the selected interest note. The status can be Waived, Reinstated, Reversed, or None (if no adjustments were made). For more information, see Waive, reinstate, or reverse interest or fees.
Write off	The amount of any transaction interest that was written off.
Voucher	The voucher that is associated with the transaction that interest was calculated for.
Interest date	The date when the original transaction started to accrue interest.
Days	The number of days that the current transaction accrued interest. The number of days is determined by the dates in the Start date and End date fields.
Description	The description that will appear on the interest note for the selected transaction. This description is entered automatically during the interest calculation, and it includes the invoice number.
Default financial dimensions	The default financial dimensions for the main account. When you select a financial dimension value, the Where the %1 dimension is used field group displays where the dimension is used in account structures and advanced rule structures.
Where the %1 dimension is used	The account structures and advanced rule structures that use the financial dimensions that you selected in the Financial dimensions or Default financial dimensions field group. Note The name of the field depends on the selection in the Financial dimensions or Default financial dimensions field group.