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How to waive finance charges in GP

Waive Finance Charges in GP

If you issue monthly finance charges, and you have some of those customers who never pay theirs, you can easily waive these finance charge transactions in GP.  By using the Waive process, this will reverse the posting of the original finance charge.

waive finance charges in GP

And then when you drill down to that the finance charge, you can see that it’s been Waived.

gp receivables transaction inquiry

You can also view waived finance charge totals in SmartList by Life-to-Date (LTD), Year-to-Date (YTD) and/or Last Year (LYR).

gp smartlist - finance charge totals

Do you need GP technical support or training? CSSI’s experienced Dynamics GP pros are ready to help. Contact us today for help.