Interest on overdue invoices
Hi, I have a customer who has overdue invoices from a year ago and as much as I have tried to work with them, their drip feed payments have started to dry up. I need to know how to add interest charg...
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Thanks for your reply Genreve.
What do you mean desktop version? I only use MYOB on my laptop, I don't have an app or anything like that.
Manually calculating it is going to be a real task working it out over number of days etc. Surely there is an easier way?
Hi BeastProduction,
When we say "desktop version," we mean software that you install and run directly on your computer or laptop. This is different from cloud-based or online versions, like your current product, MYOB Business Pro.
Currently, MYOB Business Pro doesn't automatically calculate and add interest to overdue invoices. But you can still do it manually by adding a new line item for the interest amount on the invoice.
Cheers,
Princess
