Rice Lake TransAct 1.0 - Manual (Page 112)

108 Accounting
The previous and current balance are displayed in TransAct Plus, but
cannot be edited. Only the Discount Rate and Finance Charge fields
can be edited. Both fields are interpreted as percentages, but must be
entered in decimal format. For example, a 10% discount is entered as
0.10.
A finance charge is applied to any unpaid previous balance when
statements are generated. This finance charge overrides the global
monthly finance charge defined in Miscellaneous Rates.
The function buttons at the bottom of the discounts table window
operate like the function buttons in other TransAct tables.
Click on General Info... to display general customer information such
as, account number, address, and default categories as shown below.
Discount Rates: Customer General Information
NOTE: The Customer General Info. window cannot be edited
from Discounts. If this information needs to be edited, it can be