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August 22, 2023
Question

In account&settings - sales I don't find the option of late fee. please guide me regarding this

  • August 22, 2023
  • 1 reply
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In account&settings - sales I don't find the option of late fee. please guide me regarding this

1 reply

August 22, 2023

Hi confinance-osant,

 

It's nice to see you in Community.  Welcome!  QuickBooks Online enables you to manually add late fees to your invoices, as you see necessary.  I'd be happy to show you how!

 

To get started, you'll need to create a late fee item, so you can add a detailed description to your invoices.  Here's how;

 

1. Open your Settings ⚙ and select Products and services

2. Hit New, then choose Service

3. Enter a Name, such as Late Fee

(Optional) From the Category ▼ dropdown, select the category that best describes the fee. Find out more about item categories.

4. Complete the rest of the fields, as you feel necessary

5. Select Save and close.

Note: If you don't charge a standard fee, you can always change the fee amount on the invoice.

 

Follow these steps to add the fee to invoices;

 

1. Open Sales from the left menu and then Invoices (Take me there).

2. Select the invoice you want to add a service fee to

3. Edit invoice

4. From the Product/Service ▼ dropdown, select the service fee you created

5. In the Amount field, enter the amount of the service fee (optional)

6. In the Message on invoice section, add a note about the fee

7. Hit Save and send or Save and close.

 

Feel free to reach out again with other questions.  We're always glad to assist!

February 28, 2024

The Knowledgebase article with this title:

 

"Apply late fees to overdue invoices automatically in QuickBooks Online"

 

Has instructions on where the automatic late fee option is and how to set it up. what exactly do you mean the option is not available?

February 28, 2024

Hey there, IAMCB.

 

Thanks for chiming in on this thread. Can you provide the link to the article?