FC Applied

If you initialized payments and did not select the Exclude Finance Charges check box, this field defaults unpaid finance charges (if any). If the payment is not sufficient enough to cover the total finance charge amount (after taxes are paid), this field defaults the remaining available amount of the payment. Override this default as needed.

If manually applying payments, or if overriding the default-applied finance charge, specify any amount of the payment to apply to the finance charges, as long as it does not exceed the amount in the UnPaid FC field. To override this restriction, select the Remove Input Restrictions check box in AR Payment Detail.

Note: The finance charge portion of the invoice does not update to JC. Only the invoice amount updates to JC.