Objective:
- When is interest charged if the Due Date falls before the end of the Grace Period?
Environment:
- Clio Manage
Answer:
The Due Date will override the Grace Period. So if you have a bill issued on 01/01/19 and due on 01/15/19 with a grace period of 30 days, the first interest charge will appear 1 day after the due date (disregarding the Grace Period).