Setting up a Late Fee Schedule

Let's navigate to the "Late Fees" section by clicking the tab from the home section:

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First, configure the "Settings" this is how and when late fees will be added to open invoices

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To create the late fee click the "Add Late Fee" tab which is on the far right 

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Within the pop-up box, the following fields need to be completed

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  • Days Past Due - How many days after the "due date" would like to initiate the lat fee
  • Recurring Fee Schedule - If you wish to continue to charge a late fee until the invoice is settled
  • Fee Type - Here you have four options
    •  A set dollar amount
    • A % of the outstanding invoice
    • Which of the above two is higher ie if the dollar amount is $10.00 but the % is $12.50 then the % amount will be applied
    • Or you can charge both a set dollar amount and a % amount.
  • Once you've click "Save Late Fee" you'll get the following confirmation box
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This is what your schedule will look like depending on what you have opted to create
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In the following two sections you'll see any recent charge or future charges pending

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