Set up penalty grace days and amount

To set up and :

  1. Find and access the loan product configuration page.

  2. Find the Invoice rules section and modify the settings.

the default values for a new loan product are:

  • 0 grace days - which means that the penalty starts calculating from the first day;

  • 0 penalty amount - the penalty is calculated even if the unpaid overdue amount is 0.01.

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