Re: automatically applying interest rates

["Jigme Datse" <..hidden..>]

I too would be really interested in this, and wonder how this would
apply to accounts with a credit on them.  The flexability to issue
interest on credit, and charge interest on debit, preferably at a
different interest rate would be ideal for me.  Even if this could be
run "manually" on a periodic basis (daily, monthly, weekly, whatever)
to handle this it would be great.  I think it would be easiest to
implement if done on a monthly basis, unless you charged interest on a
daily or weekly basis.

I would be interested in working to help implement, this but I'm about
to go away for about a month, and would not be able to work on it
during that time.  Should a "feature request" be filed?

Jigme Datse

On 11/20/07, The Anarcat <..hidden..> wrote:
> Is anyone doing this with Outstanding AR right now? We'd like to apply a
> policy we have of charging interest every month to outstanding accounts
> of more than 30 days.
>
> I want to find an automated process because adding a new AR for every
> customer is, well, really time-consuming and in the end doesn't really
> pay off.
>
> What I'd like, actually is twofold:
>
>  1. a process that would go through all 30+ amounts, apply a the
>  interest rate
>  2. the same process could then mail an account statement
>
> This could be run every day, in which case the account statement +
> interest would be sent/applied only if it would be the "anniversary
> date" of the bill (if the bill was sent on 28-02-2007, the statement
> would get sent only on the 28th of the month...), or it could be run
> once per month.
>
> Any ideas?
>
> --
> Seul a un caractère scientifique ce qui peut être réfuté. Ce qui n'est
> pas réfutable relève de la magie ou de la mystique.
>                         - Popper, Karl
>
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