Rice Lake TransAct 1.0 - Manual (Page 100)

96 Accounting
The date entered in the Statement To Date box is used as the cutoff
date for Transactions (charges, payments, and credits) appearing on the
statement. Besides these transactions from the current billing period, a
statement also shows the previous balance from the prior billing
period.
Example: Many companies issue monthly statements based on
the last day of the month. When Statements is selected from the
Accounting menu, the current system date appears in the State-
ment To Date box. Assume today is March 5th, but only transac-
tions dated through February 28 should appear on the State-
ments. Change the date to 2/28/YY.
The Statement to Date can be entered using the keyboard or mouse.
When using the keyboard, enter the month, day and year separated by
slashes (/).
When using the mouse, click the calendar button to the right of
the date box. Click the single down arrow next to the current month to
select a different month and the left/right arrows to select the year.
Select the day by clicking on the numbers displayed in the calendar. To
close the calendar window, click on the calendar button again or press
the Enter key.
Calendar
Click on the Apply Finance Charge box to have a monthly finance
charge applied to an unpaid previous balance.