ARLP - LATE

Late Charge Codes for Overdue Accounts
This common code assigns the Key, Object, Division, and Posting Code. It also sets the percentage for a transaction late charge on overdue accounts.
Code Category: ARLP
Code Value: LATE
Short Description: Enter ARC late charge.
Medium Description: Enter ARC late charge.
Long Description: Used to describe the common code.
Associated Numeric Values
1-4: Reserved for future use.
5: Enter the percentage for the late charge
Associated Codes
1-5: Reserved for future use.
Associated Descriptions
1: Enter the Project Number.
2: Enter the Object Number.
3: Enter the Division.
4: Enter the Posting Code.
5: Reserved for future use.