Understanding Multicurrency Delinquency Fees

You use a version of the Credit Analysis Refresh program (R03B525) to process delinquency fees and generate records in the A/R Fee Journal History (F03B22) and A/R Fee Journal History Detail (F03B23) tables. You specify the currency in which to generate the fee by setting a processing option in the Credit Analysis Refresh program. You can generate the fee in one of these currencies:

• Company currency.

  This is the base currency of the company assigned to the invoice. If you have invoices for multiple companies with different base currencies, the system generates a separate fee for each currency.

• Customer currency.

  This is the currency assigned to the customer record. The system generates all fees in the currency specified in the A/B Amount Code field (CRCA) in the customer master record.

• Invoice currency.

  This is the transaction currency of the invoice. If you have invoices with multiple currencies, the system generates a separate fee for each currency.

Regardless of the currency 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.

After you generate fees, you can review them online and accept or reject them as necessary before the system updates the information to the fee tables.

See also:

• "Working with Delinquency Fees" in the JD Edwards EnterpriseOne Applications Accounts Receivable Implementation Guide.