Fees

7. Currency of Fees

Specify the currency that the system uses to generate delinquency fee invoice records (document type RF). The system uses the most recent exchange rate from the (F0015 table to calculate the currency fee amount. Values are:

1: Company. Generate the fee in the currency that is assigned to the company record that appears on the invoice.

2: Customer. Generate the fee in the currency that is assigned to the CRCA (A/B Amount Codes) field of the customer record in the Customer Master by Line of Business table (F03012).

3: Invoice. Generate the fee in the currency that is assigned to the invoice at the time that the invoice was entered.

Note: Regardless of the value that you select, the system generates one fee invoice record per currency code for each company. For example, if companies 00001 and 00003 are assigned a currency code for Canadian dollars (CAD), the system generates two fee invoices—one for company 00001 for CAD and one for company 00003 for CAD.