Late Fee Settings
Set how and when late fees are automatically applied to overdue invoices.
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Configure Late Fees
- Go to Settings > Late Fee Settings.
- Turn on Enable Late Fees.
- Choose fee type: percentage or flat amount.
- Set grace period in days after due date.
- Choose one-time or recurring behavior.
- Save settings.
Tips
- Start with a modest grace period so customers can pay without immediate penalties.
- Use one-time fees for simple policies and recurring fees for longer overdue accounts.
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