Rice Lake TransAct 1.0 - Manual (Page 104)

100 Accounting
Statement processing is completed by moving to another portion of the
program, like the Weigh form. After clicking on any button in the
toolbar, the following a message appears.
Mark Billed Transactions
If statements have printed correctly, click Yes. When the Yes button is
selected, all transactions for the current billing period are marked as
having been billed and will not re-appear on subsequent statements.
The previous balance will be updated to include payments, charges,
credits and finance charges.
If statements did not print correctly or more time is needed to review
printed statements, click No. This cancels the update process, and no
changes will be made to customer accounts.
When problems have been resolved, rerun the statements. Choose to
either view or print the statements. Select another portion of the
program to continue. Select the Yes button to update transactions.
NOTE: If statements were already printed and do not need to be
reprinted, chose to only View the statements. Select another
portion of the program to continue, and click on Yes when
prompted to update transactions.
Setting Rates
Rates are used to calculate charges. Charges are based on measured
rates, minimum charges, discounts, county sales taxes, and state sales
taxes. Charges are calculated when transactions are completed. Units
of measure available for calculating charges are weight (pounds or
kilograms), volume, and count.
Example: The following steps show how charges are calculated,
using Weight for the example.