Late Fees
After an computer has been invoice for 5 Days & Is still sitting in shop, we charge $2 day late fee. Something to keep track of this automatically would be cool.
Live!
Admin, Payment Terms
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Anonymous commented
This is definitely needed. I have habitual late payers and need a little "boost" to help them get their payments in on time. Would be nice to have something we could setup the parameters for:
late on day XX after invoice due date.
Add $XX or XX% of payment due to invoice -
Michael Miller commented
We've been manually adding our 10% interest to invoices after net 30 passes... having this be automatic would be huge.
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Adam commented
We would really appreciate this being added.
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kyle commented
We are losing revenue because we can't invoice a late fee for invoices past 15 days.
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Rosie commented
We have invoices due dates and want to add a 2% each month that's past due date.
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Mark Miller commented
Definitely need late fees feature at least in some basic functionality.
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Michael Miller commented
I second this feature! Having RS track a percentage increase in interest on overdue invoices would be very helpful, and is something we used to do in Quickbooks
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Ellissa Scott commented
Any Feedback yet on this RS?
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Stephen Koscelansky commented
Definately need late fees... Since I use RS for outsourced IT and not a repair "shop" were losing late fees on thousands of dollars a month. It would be nice if we can set a fixed percentage to be applied as a new bill every X amount of days past invoiced data. Very important. & Also be alerted to said bill & have it sync to quickbooks. As a bonus a custom late fee template that we could automatically E-Mail to the customers billing contact would be nice as well.
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kyle commented
Please add this, we are losing money each month since we switched to repairshopr.
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kyle commented
Please add this, very crucial to our business.
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Moriah commented
The majority of our work is done on-site for businesses, dental offices, etc., so we usually email invoices to customers at the end of a job or at the end of the day because it's not feasible to leave the site with payment. So to minimize overdue accounts receivable, it would be helpful to have the option to add interest to invoices that are not paid within a certain time period (e.g., after 30 days).
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Kevin commented
Any updates? It has been a few months.
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Chuckles (Instigator, RS User) commented
This is going to be great!
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Kevin commented
Any updates on this?
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Chuckles (Instigator, RS User) commented
This will be awesome!
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Ryan (Power User AP, RepairShopr) commented
Damn! That's like a parking ticket! LOL
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Eric Johnson commented
This would be a *very* useful option. For us it would also have to sync and update the invoice(s) in QBO. At this time we just have to go and manually update each invoice. We are also using 2% late fees + storage fees beyond X amount of time.
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Dominique commented
Agree...we do this also. At the 16th day we charge $5.