Article Details
Id: | 18918 |
Product: | finPOWER Connect |
Type: | NEW |
Version: | 3.04.03 |
Opened: | 11/01/2022 |
Closed: | 11/01/2022 |
Released: | 01/02/2022 |
Job: | J028129 |
Account Types; maximum Payment Grace Days period has been extended from 10 to 15 days
The maximum Payment Grace Days period has been extended from 10 to 15 business days.
This allows more flexibility for those Finance Companies using this facility, especially where the payment period is longer, e.g. Quarterly.