How do I record an interest charge to my clients on their arrears? Sometimes there are multiple unpaid or partially paid invoices for one client.

Good day, mamellopropertie.

I can help you record an interest charge for your clients' arrears. You have two options to record this transaction.

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

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

1. Go to the Sales menu and select the Products and services tab.
2. Select New.
3. Select Service.
4. Give the fee a name.
5. From the Category ▼ dropdown, select the category that best describes the fee. Learn more about item categories.
6. Fill out the rest of the fields as needed.
7. When you're done, select 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, see the steps below:

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.

I'm leaving you some resources to help you track service items or interest charges as well as customising your email messages to let your customers know about the fees:

Add product and service items to QuickBooks Online

Customise invoices, quotes, and sales receipts in QuickBooks Online

If there's anything else you need, please let me know. I'll be standing by to help you out.