Can we setup to automatically charge our customers interest on overdue invoices?

Hi there Balogh,

Thanks for reaching out about your invoices. QuickBooks Online is a tool that can help you with tracking invoices and payments so you can find out how much your customers owe you. I can give you information about interest.

QuickBooks Online cannot automatically calculate interest on your transactions, so it would be necessary to modify the affected transactions to add a line of interest, or create a new invoice for interest. If you want this to be a new line on the statement of account, you would need to create a new invoice. I can see that this would be a feature that you'd like to see in the software to help with customer payments. I recommend leaving feedback in the system by clicking on the Gear Icon, then Feedback. The comments made in that section are taken into consideration when designing new features for QuickBooks Online.

If you have any further questions, please feel free to ask them here.