Setting a Fine Rate

A fine rate allows you to specify the rate at which a fine will be calculated when an overdue resource is returned. The fine rate plays an important part in the calculation, it is multiplied by the number of overdue days when the item is returned. The fine rate can be adjusted for each resource type, which means that you can set a different rate depending on whether an item is a book, film, text book etc.

The fine rate is defined by altering the resource restrictions settings. Fine rates can also be specified on a particular resource using lock restrictions.

Once fines rates have been set, they will need to be enabled. 

Note that changes to fines are not taken into effect for resources currently on loan, only new loans from this point forward.