Transactions & Reporting > Sales (Money In) > Sales Invoices > Charge Interest on Overdue Invoices

Charge Interest on Overdue Invoices

To charge a customer for interest owing on an overdue invoice:

  1. Create a new sales invoice for the interest amount owing.
  2. When payment is received for the interest owed, enter the payment against the interest invoice. Sage 50 Accounting will continue to calculate interest on the original overdue invoice until payment is received for it.