In this article you will find out how to enable late fee for overdue invoices
Late fee is applied to all overdue invoices. Please keep in mind that if you have an overdue but part-paid invoice, late fee will be applied to the Total Amount.
In order to enable automated late fee you need to go to
Billing > Settings > Late Fees
Then, click 'Yes' and 'Save'
After enabling, you will find settings that can be modified.
Resend invoices after late fee applied
As you can see, you have 2 options for resending invoices after applying late fee.
If you choose 'Yes', an invoice will be sent automatically to a customer.
On that invoice only one more section is added. An example is provided below.
Note: email is resent automatically at night!
Apply late fee after days
You can set when late fee should be charged.
Description for invoice
You can change the Description field if needed. This title will be visible on the invoice.
Apply fix amount
You can set a fixed amount for all late invoices
Apply percentage
You can also apply the percentage fee
Tax rate for late fee
This field is only visible in case if you have taxes enabled. You have to set tax rate for late fee as well.
Note: You can apply everything (fixed amount +percentage + tax rate) at once, or choose and fill in only one of the fields.
Once you are ready with setting up late fee, click 'Save' .