SmartFusion Modules -> Tax Collection -> Parameters > Penalty Schedule

Recent Change:  
6.142 - Changed number of days to a date.

Introduction

This screen is used to set up penalty schedules if the "On-Demand" interest and penalty interface has been activated.

Penalty Schedule Details

Code
Description
Date
The schedule is setup where based on the date and the percentage penalty will be calculated. Each line of the schedule is calculated.

Percent - percent used to calculate each step in the schedule

Additional Notes

A detail line is not required as this could denote there is no penalty associated with this schedule. A percent of zero is also allowed.