Interest/Late Fee for Past Due Invoices
We would like to be able to assess a finance charge on a past due invoice at a certain percentage rate that could change... At this time, it has to be manually calculated.
Jessica Killion
shared this idea
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Madison Obert commented
If an invoice is 30 days past due, we want JN to automatically add the interest rate listed in our contracts to the invoice.
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Andrew Owners
commented
Would like to have the option to add interest to an unpaid invoice
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Liz Isley
commented
Wants an ability to enable interest charges on past due invoices
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Leighton Ross commented
THIS!! For our company, it would be great to have the option to manually apply late fees after a certain date without it being an additional line item.
Our late fees are a percentage of the total value of the invoice. However, I could see why some companies may prefer to enter their own value.
Automatically applying late fees would be fine if everything went perfectly from one job to the next, but I could definitely see our customers getting upset if we were still tying up loose ends of a job and they were slapped with an automatic late fee.
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Angelica Tooman commented
Please have a way to add a late fee after payment isnt made by certain date
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Anonymous
commented
It would be beneficial to add a Past Due option on the terms drop-down for invoices so that we can specify to customers when their payments are overdue.