Currently, interest profiles only let you calculate interested based upon number of days. Can a month version be calculated? For example if you set the profile to be do not charge balances until 30 days old, if you create an invoice on Jan 31 and you run the create interest batch on March 1, no interest will be calculated since it is 29 days old. Clients are often looking at monthly calculations.

by: Doug B. | over a year ago | Financial Management