Glance Card
Getting Started with Rundoo · Statements
Ready to Bill
The statement settings to dial in before your first run. All of them live in Admin mode.
Where each setting lives
1
Statement message
The note that prints atop every statement. One per location.
Admin → Locations
2
Terms & charges
When balances are due, plus interest on overdue ones.
Admin → Customer
3
Company defaults
Statement day, envelope, credits, double-sided.
Admin → Communications
Set it up in 4 steps
- Under Locations, type your Statement message and Save.
- Under Customer, add a finance term: Reference date Statement, Net due days 30.
- Add a finance charge for overdue balances. Assign it only where you mean to.
- Under Communications, set your Statement day, envelope, and toggles.
Sensible starters
- Term: Net 30 Statement (due 30 days after the statement)
- Charge: 1.5% compounding, the industry-standard rate
- Statement day: the 20th by default, or End of month
- Default term: make it Cash, so no accidental charge accounts
The one to remember: finance charges assess automatically during a statement run, only on balances past due. There's no separate button, and Rundoo does the math. So only assign a charge to the customers meant to have one.
Set your own rate: Rundoo applies whatever percent you enter and does not enforce usury caps. Check with your accountant if you're unsure what your state allows.
Dial it in once, and every run goes out clean. · rundocs.com