Calculate Interest charges on AR past due amounts. -- MAPICS-L

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Subject: Calculate Interest charges on AR past due amounts.
From: "Hazelrigg, Jeff" <JHazelrigg@xxxxxxxxxxxx>
Date: Wed, 4 Feb 2009 13:59:46 -0500
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I have been requested to determine a method to calculate a monthly interest charge based on AR "Past Due" amount. (and preferable load back into IFM AR)

Has anyone done this and if so, how did you calculate the interest charges.

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