Canceling a Late Fee
To cancel a late fee
- Click the Cancel Late Fee button from your invoice detail page.
- Enter a description.
- Click Remove Late Fee.
The applied last fee charge is deducted from the Invoice Due Amount and a Destination-Related A/R Transaction record is created with transection type as Cancel Late Fee.
Note:
Billing Administrators can schedule a batch job to apply late fees periodically. For information, on Late Fee batch job, refer to Late Fee Batch Job.
You can also apply a Late Fee using the applyLateFeesToInvoice API.
