Revolving Charge Minimum Due

(ID# 150) This A/R option in Options Configuration is the minimum amount due each month from revolving charge accounts.

This field is only for AR Pro users.If the system calculates an amount due (based on the Min % field) that is less than this amount, it increases the amount due to this amount.

For example:

This field is 15.00. The Min % field is 10.00. The system calculates an amount due of $12.75. Since $12.75 is less than the Min Due ($15.00), the system increases the amount due to $15.00.

This field is numeric. You can enter up to four numbers plus a decimal point. For example, 99.99.

If this field is blank, the amount due that the system calculates always applies.