Fee Schedules

You can search for, add, modify, and delete fee schedules, which allow you to establish fee rates for your organization. You assign the fee schedules to clients. For more information, see Client Fee Schedule.

There are two types of fee schedules: Age-based and Balance-based.

Age-based fee schedule

Accounts set up with age-based fee schedules accumulate collection fees based on an account date range. Latitude increases or decreases at specific aging intervals the percentages charged for collections on accounts. For example, Latitude calculates a certain percentage of the amounts collected for the first 30 days that the organization holds the account, and calculates another percentage for the 30-60 day time period.

Balance-based fee schedule

Accounts set up with balance-based fee schedules accumulate collection fees based on account balances. For example, Latitude calculates a certain percentage for accounts with a balance of $1,000, and calculates another percentage for accounts with balances over $1,000 but not over $1,500.

Related Topics

Search for a Fee Schedule

Add a Fee Schedule

Modify an Age-Based Fee Schedule

Modify a Balance-Based Fee Schedule

Delete a Fee Schedule

Search for a Permission or System Code

Data Grids

Financial Codes

Client Fee Schedule