calculating interest on overdue invoices

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jarod504
Posts: 1
Joined: 13 Jan 2012 11:11
Product: Gold
Region: Canada

calculating interest on overdue invoices

Post by jarod504 » 13 Jan 2012 11:16

Can moneyworks calculate interest on overdue invoices?
If the client is 90 days late with a payment and you want to charge them interest for those 90 days can moneyworks do it.
Or do you have to create an invoice for the interest?
When you print the statement can you have Interest appear under Type?

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nasupport
Posts: 52
Joined: 06 Sep 2011 05:24
Product: Gold
Region: Canada
Location: Mississauga, Ontario
Contact:

Re: calculating interest on overdue invoices

Post by nasupport » 18 Jan 2012 03:10

Cognito provided a script to do this. Go to this TIPS article: http://nasupport.wordpress.com/2011/06/ ... es-script/

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