Due Dates
Standard Activities use Due Dates on the Activity Level. When using due dates, a late fee will be applied on the date specified. You can add up to six dates. Each date represents an increasing level of amount due. You may also choose to enter only the resident or only the non-resident fields to create due dates based on residency status. Please note that a late fee will increase the amount owed. For example, if a $10 late fee is assessed on a $100 balance and 50% is due next, that 50% will be $55 instead of $50
Due By Days:
Advanced Activities use Due By Dates on the Pricing Option level. When using Due By Days, the late fee to be applied will be calculated from the pricing option selected. This applies the following pricing option types when the separate billing option is selected: Daily per Week (Weekly), Weekly (Weekly), Multi Days (Weekly), Daily per Month (Monthly), Monthly (Monthly). For a weekly option, set the due date relative to the Sunday of that week. For a monthly option, set the due date relative to the first of the month.
1. On April 27th (7 days before May 4th), a late fee of $5 will be assessed if 33% of the total has not been paid.
2. On May 4th, a late fee of $10 will be assessed if 66% of the total has not been paid.
3. On May 11th (7 days after May 4th), a late fee of $15 will be assessed if 100% of the total has not been paid.