Monthly Late Fee

Question

I need to configure 1% Delinquency per month due in odoo 17

Example, a customer has an invoice due at the end of the month, if he does not pay until that date a 1% monthly late fee is automatically generated.

Thanks in advance for any help

Cybrosys Techno Solutions Pvt.Ltd · Answer

Hi,
You can achieve by creating a new payment term:
1)Go to Accounting > Configuration > Products > Payment Terms.
2)Create a new payment term or edit an existing one.
3) Calculate the late fee by multiplying the number of overdue days by the invoice amount and late fee rate (1%).
4)Create a new journal entry to record the late fee expense and revenue.

Hope it helps

Related Posts	Odpovědi	Zobrazení
[v17] Copy field in purchase to its invoices invoice purchase_order v17	1 lis 25	1778
point-of-sales - always generate an invoice invoice Point Of Sale v17	1 čvc 24	3269
Odoo invoices not compliant with French legislation invoice odooonline v17	2 kvě 24	3470
Customer Details on the left Vyřešeno invoice reports v17	2 dub 24	3615
Copy Checkbox state from Sales Order to Invoice invoice sale.order v17	0 dub 24	3104

This question has been flagged

Enjoying the discussion? Don't just read, join in!