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Add interest charges to Simply Accounting customers statement
08-18-2011, 12:37 PM
Post: #1
Add interest charges to Simply Accounting customers statement
I wonder if there is a way to add interest charges to customers statement of account. Some clients are slow in payment, and showing the interest charges would help in speeding up collection.
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08-19-2011, 10:45 AM
Post: #2
RE: Add interest charges to Simply Accounting customers statement
Yes, there is a way.
Go to Setup
- Settings
Under Clients and Fees, Choose Options
- then place a check mark on interest charges, fill in your interest rate and the no. of days (your term) before invoice is considered overdue.

For more info, see http://www.accountingtroubleshooters.com...ments.html
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03-28-2014, 05:54 PM
Post: #3
RE: Add interest charges to Simply Accounting customers statement
"Yes, there is a way.
Go to Setup
- Settings
Under Clients and Fees, Choose Options
- then place a check mark on interest charges, fill in your interest rate and the no. of days (your term) before invoice is considered overdue."

The suggestion provided by you is very nice. Keep on posting!

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04-01-2014, 04:30 PM
Post: #4
RE: Add interest charges to Simply Accounting customers statement
Interest charges should be add and these are collect from the customers.
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