Skip to main content
November 2, 2024
Question

Is there a way in QBO to charge our customers late fees for each invoices if they don't pay on time, like when we have net 30 payment terms?

  • November 2, 2024
  • 1 reply
  • 0 views
Original commenter did not share additional details

1 reply

November 4, 2024

Hello dexter-drz-llc,

 

Welcome to Community!  QuickBooks Online provides the ability to manually add late fees to your invoices, as you see necessary. I would be happy to show you how!

 

To get started, you'll need to create a late fee item, so you can add it 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)

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

5. Complete the remaining fields, as you feel necessary

6. Select Save and close.

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

 

Follow these steps to add the fee to invoices;

 

1. Open Sales from the left menu and then Invoices 

2. Select the invoice you want to add the late 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 late fee 

6. In the Message on invoice section, enter a note about the fee, as you feel necessary

7. Hit Save and send or Save and close.

 

Feel free to reach back out, if you have other questions. We are always glad to assist!