When we have overdue sales invoices, we usually can use Reminders and/or Finance Charge Memos. Both of these documents increases debits of our customers. We don’t post these documents, but we issue them. But, these issued documents also can make G/L entries.
On the first flowchart, you can see how system uses posting groups on Finance Charge Memos.
Results of this issued document in G/L entries are as following:
Now, on the second flowchart, you can see how system uses posting groups on Reminder. It uses very similar as on Finance Charge Memos, but fees on Finance Charge Memos lines are based only on Terms, while fees on Reminders can be based on Terms and Levels.
Results of Issued Reminders in G/L entries are as following: