Modify Interest Proposal

Explanation

Use the Modify Interest Proposal activity to modify interest proposals. There are two different levels to make exclusions. The first level is to exclude a recipient of an interest invoice/note. The recipient of an interest invoice/note is either the customer or the payer of the overdue invoices - depending on the set-up in customer basic data. For one-time customers, each invoice address ID is handled as a separate recipient. All invoices linked to that particular recipient, interest template and currency will be then excluded from the proposal. The other level is to include a  recipient and to only exclude certain invoices.

The changes to this is made using the Interest Proposal Details page. The page shows all the recipients included in the proposal, broken down by template and currency. Total interest amount per currency is also shown. The Status field can be used to delete recipients from the proposal. If the invoices are to be removed temporarily, change the status to Excluded. If the invoices are to be removed permanently and not be included in any other proposal, change the status to Deleted.

To see the individual invoices included in Customer Interest Proposals, select Interest Proposal Details by using command button and select Customer Interest Proposals. In that page, select Invoices per Interest Proposal. The window then shows the invoices that form the basis of the interest calculation. Invoices deleted in Interest Proposal Details can be included. If the calculation of interest is wrong, you can alter the interest rate in Interest Templates. If an adjustment is made after the proposal has been generated, the proposal must be deleted and then created again.

Prerequisites

Modification of the proposal requires that the proposal not have the status Acknowledged.

System Effects

Excluded invoices or recipients are excluded from interest proposals.