How do I get interest to show on customer statements?

Hi @joseemiron12 ,

thank you for reaching out to the community. I will be more than happy to assist you.

You have two options to charge interest to your customers:

• Create a separate invoice for the charge
• Add another line item on the past due invoice

First, if you haven't created an interest item yet, let's go ahead and create it. Here's how:

1. Click the Gear icon, then choose Products and Services.
2. Click New.
3. Choose either Non-inventory or Service.
4. Enter a desired name of the interest.
5. Choose the Income account, then click Save and close.

Now, here's how you can add the item on the new invoice:

1. Click the Plus sign (+) icon, then choose Invoice.
2. Under the PRODUCT/SERVICE column, add the interest item.
3. Enter the amount manually in the AMOUNT tab.
4. Click Save and close.

If you want to include the interest on the existing invoice, here's how:

1. Click Sales, then go to the Customers tab.
2. Choose the customer, then look for the past due invoice.
3. Add the interest item in the unused line, then enter the amount.
4. Click Save and close.

Kind regards,

Noelia