Late Fee on Customer Invoices - MYOB AccountRight
We are wanting to charge a set dollar fee for a late fee on customer statements - can see MYOB Accountright only allows a percentage - does anyone have a workaround?
Forum Discussion
Hi Rebecca711,
I understand your need to charge a set dollar fee for late payments on customer statements. While MYOB AccountRight primarily offers the option to apply late fees as a percentage, there's workaround you can consider to achieve your desired outcome:
Manual Adjustment: One approach is to manually calculate and apply the set dollar fee to overdue invoices before sending out statements. You can add the fee as a separate line item on the statement or adjust the total amount owed accordingly. This method requires manual intervention but allows you to customise the late fee amount for each customer.
Feel free to post again anytime if you require further assistance.
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Best regards,
Doreen
