Late Payment Charges posted but payment postmark date is before due date
My client requires applying late payment charges immediately after the due date. However, some situations the customer will make a payment by check with postmark date before the due date, and the check is received and entered into SAP system few days later, which is over the due date. In this situation, the client would not want to charge late fee.
Here's an example:
Recev Due: 1/22
Customer made full payment on 1/22
Late payment fee should be posted on 1/23
Check payment received on 1/25 with post mark date 1/22.
Expected result: No late payment fee should be applied to this transaction.
Is there any way to implement this without manually reverse the late payments charges? Any suggestions would be of great help. Thanks.