Overdue Charges: Generated Transactions
As you apply overdue charges, you create and process documents of the Overdue Charge type. You release this document by using the Invoices and Memos (AR301000) form. When you release an overdue document, to update customer balances, the system generates a GL transaction described in the following section.
Transactions Generated for Overdue Charge Documents
When you create and release an overdue charge, the system generates the following general ledger transaction:
| Account | Source of Account | Debit | Credit |
|---|---|---|---|
| Accounts Receivable account | The AR account specified in the original document, which is usually the default AR account of the customer (specified on the GL Accounts tab of the Customers (AR303000) | Amount | 0.00 |
| Overdue Charges account | The account specified on the Overdue Charges (AR204500) form for the particular charge | 0.00 | Amount |
You can view the reference number of the GL batch on the Financial tab of the Invoices and Memos (AR301000) form.