How to record late fees for an overdue invoice

Summary

How to record late fees for an overdue invoice in Sage Accounting.

Resolution

There are two methods to record late fees:

  1. Modify the outstanding invoice and add the late fee as a separate line item.
  2. Bill the customer with a second invoice for the amount of the late fee.

Solution Properties

Solution ID
210210201921413
Last Modified Date
Wed Mar 23 14:30:57 UTC 2022
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