NetSuite - Applying Late Fees

NetSuite - Applying Late Fees

Property managers must apply late fees in NetSuite the day after the grace period expires. 

To apply late fees to delinquent residents' accounts: 

1. Navigate to the Delinquent Customers screen.
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2. Select all residents or click the checkbox in the row of the desired resident.
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3. Click Process Late Fee.
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4. Verify the information in the Process Late Fee pop-up window and click Submit. 
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   • Please note, Some states may have multiple Notice Types to select from: 
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5. Review the confirmation and click OK. 
   
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The late fee has been created and applied to the residents' ledger. To generate a legal notice, see Delinquency, Late Fees, Legal Notices, and Court Filings. 

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