Automatically generate statements for customers when they are overdue on a payment, whether they are currently due; over 30 days past, 60 days or 90 days. Additionally, you can tell the program to tack on fixed late charges, APR (annual percentage rate) late charges, or the greater sum of the two. You can implement these options for all customers, or uncheck specific customers who you do not want to receive a late notice. Continue Reading…