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Charge interest on overdue finance charges

Important: Laws vary about whether you can charge interest on overdue interest payments. Confirm with the appropriate jurisdiction that you are in compliance with that jurisdiction's lending laws.

To do this task

  1. Open the finance charge preferences.

    To do this task

    1. Go to the Edit menu and click Preferences.

    2. In the Preferences window, click Finance Charge in the list on the left.

    3. Click the Company Preferences tab.

    Only the QuickBooks Administrator can change company preferences.

  2. Select the Assess finance charges on overdue finance charges checkbox.

  3. Click OK.

KB ID# H_PMT_FINCHG_ASSESS_INT_ON_OVERDUE_FINCHG
10/21/2017 7:47:41 PM
QYPPRDQBKSWS03 9142 Pro 2018 64e1f8