FrontAccounting forum — Late Charges

Re: Late Charges

null@example.com (joe) — Tue, 01 Apr 2008 21:44:24 +0000

One way to handle it, is to setup this as a service item and do a manual calculation.

/Joe

null@example.com (joe) — Tue, 01 Apr 2008 21:43:05 +0000

This is not covered by FA at present.

/Joe

null@example.com (smummert) — Tue, 01 Apr 2008 16:22:33 +0000

OK I might be stupid, but what is your recommended way / method of assessing late charges / fees etc. on aged accounts?

Our method currently is to total all past due invoices and * .15. How should this be handled.

Thanks in advance