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Remove validition of Audit file


Sometimes a company doesn't have any customer or vendor data/transactions. Only general ledger transactions have been posted in this entity. While running the Audit file (NL) an error will be thrown: Financial period X does not contain an openings balance. The root cause of this error is beca...

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Category: Globalization - Regulatory features (462)

STATUS DETAILS
Under Review

Collection fee based on a percentage of the collection letter value


In the Netherlands it is mandatory to apply the WIK (Wet Incassokosten/Law Collection Fee) on a collection. This is a fee which can be calculated based on a percentage of the outstanding balance stated on the collection letter.


The minimum fee amount is €40,- and the maximum ...

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Category: Credit and collections (151)

STATUS DETAILS
Declined