Budget Planning > Handling Account Budget Plans

Setting Up Account Balances for a Revolving Credit Budget Plan

Using a revolving credit plan enables you to define:

• Credit limit

• Interest rate

• What fraction of the balance is due each month

Before using the revolving credit budget plan, you must:

• Check with the state’s Dental/Consumer Credit Board to verify that this credit plan is in accordance with state law

• Verify the state’s requirements for the monthly interest charge revolving credit budget plans

After you have the information from your state, you must enable the revolving credit feature.

Related Topics

Enabling the Revolving Credit Plan Feature

Transferring an Account Balance to a Revolving Credit Budget Plan