Good Day
Is there a way to automatically charge interest on overdue accounts on Sage One Accounting ? I have looked but cant see an option. Please advise.
Good Day
Is there a way to automatically charge interest on overdue accounts on Sage One Accounting ? I have looked but cant see an option. Please advise.
Hi Mary Bosman
Currently, there is no built-in option to add interest on outstanding invoices. To manage this, you'll need to manually adjust the customer account to include the interest balance.
Here are the steps to do this:
For detailed instructions, you can refer to this article: Sage Knowledge Base.
Once done please confirm if the answer provided did help by clicking on verify answer.
Sharon
*Community Hub is the new name for Sage City