C
Cindy K
I am drawing a blank. I need to set up a query, which I will later pick up in a form that does what is probably a simple calculation, but I just cannot come up with a working model
I charge off bad accounts, and have to separate the charge off amount in to catagories. I charge off or subtract any balance for purchases to one General Ledger Account ($140.00), any Late charges to the Late charge Income account ($50.00), and services charges to the service charge income account ($25.00). Basically for any previously accounted income we decrease it for a loss. But we need to keep this record on the customer
As the customer makes payments on this charged off amount, I need to apply each and decrease these amounts. I need to be able to pick these amounts up in a form to be able at a glance to know which of the above accounts can be decreased on the customers record with each payment. This also tells us how to apply the payment with in our General Ledger Accounts and increase the income once again
I have determine Balances are recovered first, then Late charges then finally fees
So if my customer pays $50.00 I need be able to reflect the $140.00 changing to $90.00 and keep going until the 140.00 is paid, then move onto the next categorie.
Any suggestions, I cannot seem to get by this one. This may be a simple calculation, but I keep failing each time I try
I charge off bad accounts, and have to separate the charge off amount in to catagories. I charge off or subtract any balance for purchases to one General Ledger Account ($140.00), any Late charges to the Late charge Income account ($50.00), and services charges to the service charge income account ($25.00). Basically for any previously accounted income we decrease it for a loss. But we need to keep this record on the customer
As the customer makes payments on this charged off amount, I need to apply each and decrease these amounts. I need to be able to pick these amounts up in a form to be able at a glance to know which of the above accounts can be decreased on the customers record with each payment. This also tells us how to apply the payment with in our General Ledger Accounts and increase the income once again
I have determine Balances are recovered first, then Late charges then finally fees
So if my customer pays $50.00 I need be able to reflect the $140.00 changing to $90.00 and keep going until the 140.00 is paid, then move onto the next categorie.
Any suggestions, I cannot seem to get by this one. This may be a simple calculation, but I keep failing each time I try