{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/456c39e3dfdd41d795bc6ba7946e1047\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/456c39e3dfdd41d795bc6ba7946e1047-6511b372f497493a.gif","duration":212.7652,"title":"Setting Up and Managing Finance Charges in Your Accounting System 💰","description":"In this video, I walk you through the process of setting up and managing finance charges within our accounting system. We start by configuring the default settings in the admin section, including options for invoice accounts and whether to include open finance charges. I also demonstrate how to create finance charges for accounts receivable, allowing for customization at the customer level. As we go through the steps, I encourage you to pay attention to the grace days and frequency settings, which can significantly impact our finance charge calculations. Please make sure to follow along and implement these changes in your own accounts to ensure consistency across the board."}