Rice Lake TransAct 1.0 - Manual (Page 114)

110 Accounting
Miscellaneous table and will always be displayed in the Added Charge
field of the Transaction Detail form.
The Monthly Finance Charge is a global rate applied to all customer
accounts with an unpaid previous balance. The rate is applied when
statements are generated.
NOTE: The Monthly Finance Charge rate is overridden by a
non-zero Finance Charge rate defined for the individual cus-
tomer account.
County Sales Tax and State Sales Tax will be applied to all accounts
not marked as tax exempt.
Click Save to save any changes.
Payments
Use the Payments section of Accounting to record customer payments
and credits. This feature is found only in TransAct Plus.
Recording a Payment
Click on Accounting... from the menu toolbar. Select Payments...
Selecting Payments