Enter a description for this transaction line, up to 30 characters.

If you calculate finance charges by receivable type (manually or automatically), this field defaults a description based on the original invoice's number, posted month, and transaction number.

For example:

Invoice #:  25500

Invoice Month: 06/21

Trans #: 250

In this case, the description would be 25500, 06/01/21, 250.

Note: You will note that the description uses a date (MMDDYY) in the description, rather than just the month. In all cases, the day will be '01'.