Add Interest Charge on an Invoice

Created by Dan Trevarthen, Modified on Wed, 31 Jul at 4:56 PM by Laura Gannon-Berg

Q:  I need to charge a client interest for past due amount.  How would I do this?  As a Time/Fee?  But I don’t want it to include tax.


A:  if you enter the charge as an “Expense”, you can make the Expense “Exempt” from tax.  You can then put the charge to an income GL when it is paid.


This is an Enhancement on the Soluno list.

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