To set up the demerits for a particular loan policy:

1. From the Module Menu select Maintenance, Circulation, Policies and then Loan Policies.
2. Select the policy you want from the list.
3. Click the Demerits tab.
4. If you click Use default values then the fine parameters are inherited from the default policy and cannot be changed. To add, edit or delete the parameters for the selected policy you must first clear Use default values.
5. If there are records linked to the policy then you'll be prompted whether you want to update the existing policy or create a new one and deactivate the existing one.        
   • Click Update if you want to update the existing policy. The records linked to the policy will be updated.
   • Click Create New if you want to create a new policy. The records linked to the existing (deactivated) policy will not be updated.
6. Click Save or Save & Close.