Accounts Receivable > Period End Procedures > Invoicing Interest > Creating Interest Batches Automatically

Creating Interest Batches Automatically

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A/R Create Interest Batch Screen

About Invoicing Interest

About Optional Fields for Interest Batches

About Posting Batches

You use the A/R Create Interest Batch to create batches of interest charges for groups of customers. More...

You can select accounts to charge by customer number, customer group, national account, or billing cycle, and you can have as many open interest batches as you need at any time.

You create interest invoices one batch at a time, but you can have as many open batches of interest invoices as you need.

Note: You can add interest invoices for one customer at a time using the A/R Invoice Entry screen.

ClosedBefore you start
  • Create at least one interest profile.

To create a batch of interest invoices:

  1. Open Accounts Receivable > Periodic Processing > Create Interest Batch.

  2. Specify the run date.
  3. Select the posting date.
  4. Select the type of record for which to create charges.
  5. Specify the ranges for the selected record type.
  6. If you use optional fields in your system, specify the optional fields and values you want to use on the Optional Fields and Detail Optional Fields tabs.
  7. Click Process.
ClosedAfter creating a batch of interest invoices
  • Edit interest batches using the A/R Invoice Entry screen.
  • Post interest batches using the A/R Invoice Batch List or the A/R Post Batches screen.

Last published: 4/8/2016