- Using Financials for the Americas
- Manage Customer Account Sites
Manage Customer Account Sites
You can configure bank transfer at the account site level.
- Navigate to the Account Sites tab.
- Search for the customer account site.
- Select Edit.
- Review and update all the required information such as address and collection related information. Verify that the site is marked for the collection and set to Bill-to and enter the Bill-to Site.
- Select the Primary Receipt Method on the Payment Details tab.
- In the Profile History tab, Additional Information region, select a value for payment schedule consolidation on customer profile class, for example: Default.
- Configure these bank transfer related fields:
- Regional Information: Customer Profiles for Brazil
- Remit Protest Instructions (Yes, No)
- Remit Interest Instructions (Yes, No)
- Interest Type (Rate, Amount)
- Interest Rate or Amount (enter value)
- Interest Period
- Interest Formula (Simple, Compound)
- Interest Grace Days (enter)
- Interest Penalty Type (Rate, Amount)
- Interest Penalty Rate or Amount (enter)
- Consolidate Payment Schedules (Yes, No)
- Interest Due Date Derivation Method (Anticipate, Keep, Postpone)