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February 3, 2025
Question

Overdue balance

  • February 3, 2025
  • 1 reply
  • 0 views

Hi There, 

I'm trying to find out if I can create a line item that calculates 1.5% onto an amount. 

Our company has decided that all invoices that are overdue past 30 days will be charged 1.5% on that invoice. 

How do I set it up to calculate this?? 

 

Please Help!!

1 reply

Level 6
February 3, 2025

Hello Nunniyer,

 

Glad to learn you're using QuickBooks to help streamline your business. I'll be glad to share more invoicing in QuickBooks. 

 

In order to accomplish your goal, you'll have to manually calculate the percentage and add it as a line item in $ amounts. I can see the benefit of having the option to add the late fee percentage and I encourage you to send feedback about this to our software developers. You can do this by clicking on the Gear icon and looking for Feedback

 

In the meantime, feel free to ask other questions. I'm here to assist.