Charge interest on unpaid invoices using the Late Fees wizard.

Start the Late Fees Wizard

1. Go to the Sales screen.
2. Select the Invoices tab.

3. Click the Late Fees button.

   

Create Late Fee Invoices

1. Select Charge Late Fees on Unpaid Invoices
2. Click Next

1. Select the person type for invoices
2. Click next

1. Choose the GL account
2. Enter a description
3. Select a calculation method:
   • Flat Fee
   • Flat Fee Per Invoice
   • Interest Per Month on Unpaid Balances
   • Daily Interest on Unpaid Balances (Annual Rate)
4. Click Next

1. Select company 
2. Select office
3. Enter the Invoices Older Than date to filter for overdue invoices
4. Use charge late fees to terminated agents checkbox to refine selection
5. Select individuals to be charged, or click select all
6. Click Next.

1. Select posted or unposted status
2. Review the invoice preview and total amount

3. Click Process to create invoices

    

    

   

   View the summary and invoice IDs (hyperlinks to invoices).

   

View Previously Generated Late Fees

1. Navigate to Sales > Invoices and click the Late Fees wizard
2. Select View Late Fees Previously Generated
3. Click Next

1. Review batches of late fees:
   • Batch ID (hyperlink to batch details)
   • Date created
   • Number of invoices in batch
   • Status of invoices created
2. Click batch ID hyperlink drill down

Review batch details including:

• payee names
• invoice status
• invoice id (hyperlink to invoice)
• error message (if applicable)