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Overdue fines are assessed and registered when the item is returned or renewed. Fines are calculated by the hour or day, depending on the loan parameters.
All details of the patron’s transactions relating to fines and fees are stored in the patron record. From the patron record, an authorized staff user can manually add, dispute, or waive library fines and fees.
https://duke.atlassian.net/wiki/spaces/LIB/pages/109969434/Advanced+Circulation#Fines-and-Fees
Automatic and Manual Generation of Fines and Fees
Alma supports both automatically generated charges, and manually added charges. Automatic fines and fees include:
Lost Item Replacement Fee
Lost Item Process Fee
Recall Overdue Fee
Overdue Fines (for short loans)
Manual fines, fees, and credits can also be assigned for the above categories, as well as a Damaged Item Fee or a Credit.