Share via

Introducing Finance Charge Interest Rate - Czechia

  • Article

Important

This content is archived and is not being updated. For the latest documentation, go to What's new and planned for Dynamics 365 Business Central. For the latest release plans, go to Dynamics 365 and Microsoft Power Platform release plans.

Enabled for Public preview General availability
Users, automatically Mar 1, 2022 Apr 1, 2022

Business value

Due to legal requirements, we're replacing the Czech local functionality for multiple interest rates with the Finance Charge Interest Rate functionality in the base app.

Feature details

For each finance charge term code, you can specify multiple interest rates so that you can calculate finance charges with multiple interest rates for a specific period. This is helpful if you charge different interest on payments that are late. The interest calculation is the same for each financial charge, with variation only in the rate of interest for a specific period. If multiple interest rates are not set up, then the interest rate and period that is defined in the Finance Charge Terms and Reminder Terms pages for the whole period of calculation will be used.

Tell us what you think

Help us improve Dynamics 365 Business Central by discussing ideas, providing suggestions, and giving feedback. Use the forum at https://aka.ms/bcideas.