Use the Late Charges subtab of the Account Site Overview page to add and update the late charge profiles of existing account sites.
The values for the fields on the Late Charges subtab are defaulted from the assigned customer profile class. See: Setting Up Late Charges.
The defaulted values are updatable. For example, even if your organization has a late charge policy, you can exclude a customer site from late charges by deselecting the Enable Late Charges box in the Late Charges subtab.
For more information about the Late Charges subtab, see: Adding and Updating Account Late Charges.
Optionally set the AR: Use Statement, Dunning, and Late Charges Site Profiles profile option to control which account site's late charge setup is used by the Generate Late Charges program. You can select:
Yes
The Generate Late Charges program uses the late charge policy specified on the account site with a Late Charges business purpose.
No
The Generate Late Charges program uses the late charge policy specified on the billing site.
Define your late charge policy.