Skip to Main Content
Status Acknowledged
Product IRIS KashFlow
Categories Invoicing & Quotes
Created by Guest
Created on Jan 10, 2017

interest on invoices

If you are using credit control with customers, you should be able to set an interest rate, and time period of late invoices, so the software then update the invoice until paid, and resends it periodically.

So I could say, my interest rate is 8% above base rate making it 8.5%, + admin charge as set by government guidelines.

Then I could tell Kashflow to add this on monthly and resend the invoice.
  • ADMIN RESPONSE
    Jan 10, 2017
    Hi Andy, Thanks for your feedback. That's a great idea, we will look into this in our next development meeting and see if we can implement this.
  • Attach files
  • +2