Setting up a Late Fee Schedule

Let's navigate to the "Late Fees" section by clicking the tab from the home section:

First, configure the "Settings" this is how and when late fees will be added to open invoices

To create the late fee click the "Add Late Fee" tab which is on the far right 

Within the pop-up box, the following fields need to be completed

• Days Past Due - How many days after the "due date" would you like to initiate the late fee
• Recurring Fee Schedule - If you wish to continue to charge a late fee until the invoice is settled
• Fee Type - Here you have four options
  •  A set dollar amount
  • A % of the outstanding invoice
  • Which of the above two is higher ie if the dollar amount is $10.00 but the % is $12.50 then the % amount will be applied
  • Or you can charge both a set dollar amount and a % amount.
• Once you've clicked "Save Late Fee" you'll get the following confirmation box

This is what your schedule will look like depending on what you have opted to create

In the following two sections, you'll see any recent charges or future charges pending