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Implementing Late Fees


Gopher Software Support Archived Question & Answers - Read Only

The support posts are read-only. To ask your Gopher tech support question please email us at support@gophersoftware.com
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Old 05-15-2006, 10:54 PM
jwingfield2k jwingfield2k is offline
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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.
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  #2  
Old 05-16-2006, 11:05 AM
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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  
Old 05-16-2006, 12:38 PM
tiedeman
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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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