View Full Version : late fees
08-01-2003, 05:09 PM
When you set up late fees, how does the # of days past due setting work with your payment terms?
If I have 15 days net, is the invoice past due 15 days after the invoice date?
08-02-2003, 01:44 AM
"If I have 15 days net, is the invoice past due 15 days after the invoice date? "
Yes, that is correct. Take that into consideration when you create your late fees and are choosing the number of days past due an invoice must be before it is charged a late fee.
How do you set-up your late fees to automatically be added to a late invoice Net 15. Does the software automatically add the late fee if you have bills due by Net 15?
08-23-2004, 11:38 AM
Right now the late fees must be set manually every month. If making it automatic would be better, we can add this to our wish list.
08-24-2004, 07:41 AM
Making them automatic would be great. But also how do you add late charges to a customer when you are not generating new work. I have one customer I'm charging late fees and they are currently not a customer.
08-24-2004, 11:57 AM
Very good point. These are issues that must be consider when this is designed.
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