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Implementing Late Fees

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  • Implementing Late Fees

    I've noticed there is a check box for "Late Fees," and I would like to insert an automatic 10% late fee to accounts who have not paid within the NET 10 listed on their invoice. How do I do that?

    Thanks.

  • #2
    Hi jwingfield2k,

    If you review the Invoice Frequently Asked Question section you will find an answer to this.

    Late Fees

    Let us know if you have further questions.

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    • #3
      One thing of advice for people that charge late fees, make sure that you are doing it "legally". In reality, if it is not stated in a contract a set late fee, you can only charge approx 17% a annual for being incorporated, and around 8% annually for not being inc. Make sure to get some legal advice on the matter

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