• From: USA, Wisconsin
  • Registered: 09/28/2007
  • Posts: 23

Topic: Late Charges

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

  • joe
  • Administrator
  • Offline
  • Registered: 03/15/2007
  • Posts: 5,107

Re: Late Charges

This is not covered by FA at present.

/Joe

  • joe
  • Administrator
  • Offline
  • Registered: 03/15/2007
  • Posts: 5,107

Re: Late Charges

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

/Joe