Late fees and early-payment discounts
Charge a fee on invoices past due, or offer terms like 2/10 Net 30 that reward paying early.
1 min readUpdated
Late fees
- 1
Turn on Late fees
SettingsCredit & collections - 2
Choose the kind of fee
Percent a month or Flat amount a month, and the rate you charge.
- 3
Choose when it starts
After how many days past due. The fee is added as its own line, so it's clear on statements.
Early-payment discounts
Set on each customer as their terms: a percent off if they pay within a number of days (for example, 2% within 10 days, net 30). The offer is printed on their invoices and in the email, and taken automatically when a payment arrives in time.
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Related
- Invoicing & getting paidRecord payments, including part paymentsRecord a payment against one invoice or spread one across many, with credit notes, early-pay discounts and short payments handled.
- Invoicing & getting paidReminders and statementsNudge a customer about an overdue invoice, or send their whole account in one click.
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