Rice Lake TransAct 2.0 User Manual

Page 85

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Accounting

Note: The table above shows a how Setup and Miscellaneous Rates appears
with a new database.

Fixed Charge

If applicable, enter a Fixed Charge. This charge automatically
appears in the Weigh form, in the Added Charge box (see below).

Monthly Finance Charge

Enter the Monthly Finance Charge as a percentage value. This
charge is applied to all accounts during Statement processing (Plus
Only).

Note: If you have accounts that are charged a monthly finance
charge and others that are not, do not enter a Monthly Finance
Charge in this table. Individual monthly finance charges can be
added to each account in the Discounts table covered later in this
section.

Rate Name Assignment

Replace Rate 1–3 Names with names associated with your particular

Select Admin…

Setup and Misc Rates to access the Setup and

Miscellaneous Rates table (below).

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