Arrears Section

 

 

 

Use this section to flag an account as in arrears.

 

If the account's parent AccountType has an interest margin loaded for arrears accounts, then you will get an additional screen where you may optionally set the higher interest rate while the account is in arrears.   When you un-check the field, you will get a screen to revert the interest rate back to the previous normal rate.

 

The extra screen will show when you click the [OK] button if you have changed this setting.