Late Fee - Discounts based on Customer Terms?

[Beth Norris <BNorris@xxxxxxxxxxx>]

Version 6.0.04, Mixed mode

Has anyone had any experience in setting up a way to charge late fees or
discounts using the customer terms code (ACR110) in order entry?  We have
been able to get this to work but accounting doesn't like the way it books
it...

For example:
We set up the situation where if the customer pays the invoice within 30
days they receive a 1% discount - if we use the standard BPCS customer order
terms code the invoice (RAR file) shows that the amount due is 1% less than
the original fee.

The system handles it in the reverse manner on a late charge - if an invoice
is 90 days late - the invoice (RAR) shows the amount due as the original fee
increased by the percentage we want to charge IF they are late.

Any suggestions other than the terms code to accomplish this?
Or am I missing something in using the standard terms discounts or late
charges?

Your responses are appreciated.

Beth A. Norris

Production Control Manager
Fawn Engineering Corp.
Des Moines, IA
bnorris@wittern.com