Specifies the length of the grace period for this reminder level. The grace period is the period of time that must pass from the due date or from the date of the previous reminder before a reminder will be created.

When the program determines whether the first reminder should be created, it compares the document date on the reminder header to a date that is calculated as the due date of the outstanding invoice plus the grace period for the first level. Any succeeding reminders will be created if the document date is after the date of the last issued reminder plus the grace period.

The grace period formula can contain a maximum of 20 characters, consisting of numbers and the letters, that the program recognizes as abbreviations for time specifications.

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See Also