11-19-2015 6:49 AM
Hi,
Our client university levies late charges for each day fees is overdue. Ex:
Last date for fee submission: 10th Nov 2015
Student pays the fee on: 15th Nov 2015
Days overdue: 15-10 = 5
Late fee: Rs 5 per day for each day overdue = 5*5 = Rs 25/-
Is there a standard solution to cater to this requirement? Alternatively please let me know of any user exit that we can use during fee calculation to plug in a custom logic for calculation of this late fee.
Thanks,
Jaideep
12-23-2015 8:49 AM
Dear Jaideep,
You have to use a routine to include this logic. Assign that routine to condition type in pricing procedure.
Regards,
Vinod Kumar