1. Localizations for European Reporting and SEPA Processing Implementation Guide
  2. Understanding the Delinquency Fee Process Flow

Understanding the Delinquency Fee Process Flow

To apply different interest rates to invoices:

  1. Set up delinquency fee policies using the Define Delinquency Policies program (P03B2501).

    See "Setting Up Delinquency Policies" in the JD Edwards EnterpriseOne Applications Accounts Receivable Implementation Guide.

  2. Set the processing options for the Delinquency Fees program (P74P525) using a version that has the same name as the version of the Delinquency Fees program (R03B525) that you use to process delinquency fees for Czech Republic.

    If you do not set up corresponding versions, the system uses version ZJDE0001 of the Delinquency Fees program (P74P525).

  3. Set the processing options for the PO - Invoice Entry program (P7433B11) in which the Issue Place processing option is set to the issue place from which the system generates the legal number for the fees invoice.

  4. Run the Delinquency Fees program (R03B525).

    See "Running the Print Delinquency Notices Program" in the JD Edwards EnterpriseOne Applications Accounts Receivable Implementation Guide.

    When the country code is set to CZ (Czech Republic), the system reads the processing options for the Delinquency Fees (P74P525) program and calculates delinquency fees.

  5. If the Late Payment Delinquency Fee processing option in the Delinquency Fees program is blank so that the system does not calculate late payment fees when you run the Delinquency Fees program, run the Late Payment Delinquency Fees program (R03B221) to generate delinquency fees.

    See "Generating Delinquency Notices" in the JD Edwards EnterpriseOne Applications Accounts Receivable Implementation Guide.

  6. Run the Review Delinquency Notices program (R03B22) to generate a report that can be used to review and approve the delinquency fees.

Note: The system automatically runs the A/R Delinquency Fee Journal program (R74P3B22) and the Delinquency Fee Journal program (R03B22) when you run the Delinquency Fees program (R03B525).