Adding, Removing, or Changing Interest on a Payment Plan

To add, revise, or remove the default interest being charged on payment plans:

  1. From the File menu, select Preferences > Statement setup.

  2. In the Charges to add section, select or deselect Charge interest on pay plan.

  3. Change or remove the percentage in the Monthly interest rate field.

  4. Make any other changes.

  5. Click OK.

 

Related Topics

Creating a Payment Plan

Editing a Payment Plan

Backdating a Payment Plan

Closing a Payment Plan

Changing Payment Plan Messages

Listing Accounts with Active Payment Plans