7 Replies Latest reply on Mar 24, 2014 4:04 PM by philmodjunk

    Need help for a calculation for a late fee.

    sevenmf

      Title

      Need help for a calculation for a late fee.

      Post

           I need help for a calculation. In our school if a student pays their tuition fee past 10 days of the month they would be charged for a late fee of, lets say 5%. 

           Lets say if i input the amount $40.00 and the database detects that it has been past 10 days of the month then there would be a 5% charge to the amount.

           Is there a calculation/formula for this? 

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