(BRA) Interest codes (form)
Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2
Click Accounts receivable > Setup > Payment > Interest codes.
–or–
Click Accounts payable > Setup > Payment > Interest codes.
Use this form to create interest codes that are used to calculate interest on customer or vendor fiscal documents if the payments are delayed.
Tasks that use this form
(BRA) Set up interest and fines for customer payments
(BRA) Set up interest and fines for vendor payments
Navigating the form
The following tables provide descriptions for the controls in this form.
Tab
Tab |
Description |
---|---|
Setup |
Enter or update the rates and terms for the selected interest code. |
Fields
Field |
Description |
---|---|
Interest code |
Enter an identification code for the interest. |
Description |
Enter a description for the interest code. |
Interest % |
Enter the interest percentage that applies to the interest code. |
Interest calculation per |
Enter the number of days or months that the interest code applies to. The value in this field is based on the period that you select in the Day/Mth field. |
Day/Mth |
Select the period that the interest code applies to. |
Days |
Enter the number of days for the grace period. The interest is calculated after the specified number of grace period days from the payment due date have elapsed. |
See also
(BRA) Set up and calculate withholding tax, interest, and fines on payments
(BRA) Calculate interest and fines on vendor payments
(BRA) Calculate interest and fines on customer payments
Announcements: To see known issues and recent fixes, use Issue search in Microsoft Dynamics Lifecycle Services (LCS).