R - REMOVE INTEREST

Use this Check Box to REMOVE INTEREST from an Invoice.

When checked the Interest will be marked as PAID but will NOT BE INCLUDED
in the CHECK AMOUNT. The Interest will appear in the INTEREST REMOVED
Column on the A/R Cash Receipts Register.

Finally, the General Ledger Account for INTEREST EARNED will be DEBITED instead of
the CASH ACCOUNT, and ACCOUNTS RECEIVABLE will be CREDITED to remove the
Interest from the Open A/R File.