Late Payment Automation

[squarechilli]

I’ve found posts from many years ago but nothing recent on late payments. Over the last few years I’ve gone from having to chase up just a few late invoices each year to pretty much monthly which is obviously taking up lots of time.

Is it possible these days to automate an additional payment if the invoice is overdue?

Thanks

[QFSteve]

Hello @squarechilli

The whole process of sending overdue invoice reminders can be automated.

Please see the link below for more information.

https://support.quickfile.co.uk/t/automated-overdue-invoice-reminders/8913#5

[squarechilli]

Thanks for the link Steve, I will certainly enable the automated reminders.

My query was more over whether it is possible to also update the fee, so add 5% to the sub total for overdue invoices for example.

[QFSteve]

Hello @squarechilli

We do not have the facility to add charges to client accounts/invoices for late payment.

We have a feature request feed for this in the forum please feel free to add your vote and comment to it.

Auto add interest and recalculate total invoice

I would like to see a feature that adds interest after x number of days overdue, such that for example £100 owed 1% interest everyday so after 30 days it show the invoice as approx £130-140 (can’t be bothered to do the maths to figure the exact amount out) but shows it as separate column showing the interest separately, also admin charge might be good addon to this as your have admin work to recover it and chase it up