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Juan Willers

Applying interest on overdue accounts - ETA of implementation

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I don't understand why it is not implemented yet. The fact that there is a program like Easyinterest to assist Sage One clients with interest on overdue accounts.

This clearly shows you that there is a need for this function on Sage One Accounting.

When will it be implemented?

I thought this would be included in Debtor Manager, for the price you charge for the function it should have been included in the package.

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  • +1
    verified answer

    Good day Juan
    Thank you for getting in touch with us.

    Kindly note that there is no ETA on the interest overdue implementation.
    But, as a work-around you can process customer adjustments to the applicable customer accounts as per the article below:
    Customer adjustment

    N.B you will need to create a GL account that you will be used for your “By Affecting account”
    GL ACCOUNTS

    Please verify my suggested answer. This will help inform the community at large that my solution did help solve your question asked.

Reply
  • +1
    verified answer

    Good day Juan
    Thank you for getting in touch with us.

    Kindly note that there is no ETA on the interest overdue implementation.
    But, as a work-around you can process customer adjustments to the applicable customer accounts as per the article below:
    Customer adjustment

    N.B you will need to create a GL account that you will be used for your “By Affecting account”
    GL ACCOUNTS

    Please verify my suggested answer. This will help inform the community at large that my solution did help solve your question asked.

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